If SoftBank invests in a 30 Under 30 founder, does it cancel each other out, or does it effectively speed-run the time between investment and jail time
Most of successful founders are over 40. They should probably drop the paradigm entirely and start publishing a "40 over 40" list for up and coming founders.
For the record there are several regions, most with many many categories (some rather sad ones from the NA list: "venture capital", "social media", "retail and e-commerce", and "marketing and advertising"). There were 1230 total people on the global lists this year. Of course Forbes can't really defend itself because the notion of a "twelve hundred under 30" damages the pay-to-play golden goose. I would recommend poking around the list if you ever want a mood lightener. There are a truly comical number of people whose bio reads: "co-founder (CEO is over 30) of AI powered yadada which has raised $3M from investors". I think the median 30u30 business actually has considerably less revenue than a typical convenience store.
WTH good ranking for Forbes. How much % is fraud at Forbes?
JPMorgan was lured in by what appeared to be a database of 4 million users. In reality, that figure hovered around 300,000 users.
Federal prosecutors had requested a 12-year prison sentence. Lawyers for Ms Javice, who had pleaded not guilty, had asked for just 18 months.
US District Judge Alvin Hellerstein also ordered Ms Javice to forfeit more than $22m - and pay more than $287m to JPMorgan together with her co-defendant Olivier Amar, the start-up's chief growth and acquisition officer.
Ms Javice, 33, made a name for herself in finance after founding Frank in 2017. The start-up was lauded for helping students navigate the college financial aid process, and Ms Javice was named on the Forbes '30 Under 30' list two years after starting the company.
