tech ipo horror stories

There was a tech company that during its IPO process, was found to have misrepresented its financials. It had inflated its revenue figures to attract more investors. Once this was discovered post - IPO, the stock tanked. Lawsuits followed, and the company's reputation was severely damaged. This is a classic 'tech ipo horror story' that shows the importance of transparency in the IPO process.

Sure. Take the example of a certain tech startup that launched its IPO with great fanfare. But they had a very complex and untested business model. After the IPO, it became clear that the model wasn't sustainable. The company couldn't generate enough revenue to cover its costs, and the share price crashed. Investors who had bought in at the IPO price lost a great deal of money.

Nezha plans to have an IPO in 2021 and plans to launch its third mass-produced car, Nezha V, in the third quarter of this year. According to public information, Nezha Car is one of the car brands under Zhejiang Hezhong New Energy Vehicle Co., Ltd., established in October 2014 with a registered capital of 1.393 billion yuan. Nezha has completed several rounds of financing, with a total amount of more than 20 billion yuan. It was revealed that Nezha Car had started preparations for an IPO in Hong Kong, and the cornerstone investment amount signed at present had exceeded 2 billion yuan. In addition, Nezha's delivery volume has increased significantly this year, with an estimated annual delivery volume of more than 60,000 vehicles. However, there was no information on the exact timeline and size of the IPO.

There was a case where a user called tech support for their printer. The support agent seemed very inexperienced. They gave the user wrong instructions on how to fix a paper jam. As a result, the printer's internal mechanism got damaged even more. It cost the user a lot of money to get it repaired later.

I once had a recruiter who was super pushy. They called me multiple times a day, even during my work hours at my current job. They didn't respect my boundaries at all. And when I finally agreed to an interview just to get them off my back, they didn't even have proper details about the company or the role. It was a chaotic and unprofessional experience.

One horror story could be about the old, haunted dormitories on campus. There are rumors of strange noises at night, like whispers and footsteps in the empty hallways. Students living there claim to have felt cold spots and an eerie presence, as if someone was watching them. It really creeps people out.

One horror story is about a tech startup that got huge investment based on a false prototype. The founders faked the functionality to attract investors. But when it came time to actually develop the product, they couldn't deliver. The investors sued, and the startup went bankrupt within a year.

One horror story could be about a fiber optic cable installation gone wrong. Workers accidentally cut a major cable that provided internet to a large area, like a whole town. Businesses were disrupted, and people couldn't work from home or access online services for days until it was fixed.

Well, some people talk about the horror of the never - ending group projects. You get grouped with people who don't pull their weight. For example, in a CS project at Georgia Tech, one student ended up doing most of the work while the others in the group just showed up at the end to get credit. And then there are the horror stories of the campus ghosts. Some students claim to have seen strange apparitions in the old buildings on campus late at night.

In a company, a virus spread through the network like wildfire. It started encrypting all the files on the computers. The IT department tried everything but couldn't stop it in time. The company had to pay a huge ransom to get the decryption key. Even then, some files were permanently lost because the encryption process was corrupted for some of them.