Comment by Topfi
11 hours ago
Odd, they used Delve [0] and a SOC2 compliant company like Context.ai [1] should have an AUP, EDR, etc. that prevents their employees from installing a Roblox cheat on their work computer. Heck, even outside SOC2, I have never worked at a company without endpoint restrictions to prevent unauthorised installs.
It's almost like the denials were in fact false and Delve truly was just selling a sticker, not providing an actual service.
If I were a VC that had funded Delve for a considerable amount of time, I'd be embarrassed that we did not catch that. I'd probably rework my processes, publicly analyse how this alleged fraud got past me and go far and beyond in disclosing my findings to rebuild trust. I'd most certainly not think just cutting funding is sufficient given the situation. Even more so if I'd encouraged other companies funded by me to use their "services". I'd maybe even reevaluate whether a circular approach wherein our funded companies are incentivised to rely on other also by us funded companies leads to the best options being chosen and whether that isn't antithetical to a forward thinking environment and competition. At the same time, I'd also think that maybe such a setup just hides unsuccessful companies and potentially even alleged fraud which once it gets to the broader market, may cause significant harm...
[0] https://web.archive.org/web/20250918025724/https://trust.del...
[1] https://web.archive.org/web/20260217220817/https://www.conte...