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description: The founders of IRL are suing their investors, alleging that they intentionally sabotaged the company by making up claims about fake users. The investors named...
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# IRL founders allege investors sabotaged company with fake users claims

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments

## Summary

The founders of IRL are suing their investors, alleging that they intentionally sabotaged the company by making up claims about fake users. The investors named in the lawsuit are Chi-Hua Chien of Goodwater Capital, Serena Dayal of SoftBank, and Mike Maples of Floodgate. In IRL's investigation, suspicious user behavior including duplicate-named private groups and irregular signups from Hotmail and Yahoo email addresses was found.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2023/11/16/irl-founders-allege-investors-sabotaged-company-with-fake-users-claims/>

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---

Tags: [#startup](https://daily.dev/tags/startup), [#venture-capital](https://daily.dev/tags/venture-capital), [#softbank](https://daily.dev/tags/softbank)

[View this post on daily.dev](https://daily.dev/posts/irl-founders-allege-investors-sabotaged-company-with-fake-users-claims-olgmq23eh)

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