To much money, not enough time, to little substance.

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To much money, not enough time, to little substance. One wonders who got paid and who benefited from the investment made in Builder.ai. It doesn’t seem to be the shareholders.

Along with funding for Builder.AI came the opportunity to develop a unique product, that promised to make the building of apps and website ‘as easy as ordering a pizza’. It turns out that ordering a pizza is actually quite hard, if builder.ai is anything to go by, aka now bust and creditors circling.

Given its current status, one asks, how did Builder.ai secure so much funding for a product that used humans to code, generated bogus sales, improperly booked accounts and inflated revenue. That one assumes is not strictly legal.

With the great and the good behind builder.ai, who dropped the ball?

@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan

Veritas GRC Builder.ai

#artificalintelligence

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