The Ghost in the VC Machine

September 23, 2016

September 23, 2016

Sienna Ventures is the latest fake VC firm.
What’s happening, and who’s behind it?

Beginning last month, mid-level technology and financial executives began receiving tantalizing emails from a venture capitalist in need of C-suite talent for a company his firm was helping to acquire. The venture capital firm had a working website, active LinkedIn profiles, and had recently distributed press releases about Brexit outlooks and having raised $100 million for a new fund.

Those who replied with positive interest were then contacted by an executive recruiter, who requested (and often received) various pieces of personal information.

Then, both the venture capitalist and the recruiter vanished.  Read more

Source: Fortune