![Startup Snapshot artwork](https://is2-ssl.mzstatic.com/image/thumb/Podcasts113/v4/4b/5a/e8/4b5ae8c5-6ec9-506e-7c8c-ab7c00d82f3c/mza_6718797899479496310.jpg/100x100bb.jpg)
Deep Dive: How CoAssets lost its investors millions of dollars
Startup Snapshot
English - January 14, 2021 20:00 - 21 minutes - 29.2 MB - ★★★★★ - 1 ratingEntrepreneurship Business Technology asia founder management asiapacific business entrepreneur entrepreneurship innovation innovator southeastasia Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Deep Dive: What’s going on with India’s OTT platforms
Next Episode: Deep Dive: The rising ‘buy now, pay later’ trend
In the last weeks of 2020, hundreds of retail investors were shocked when they discovered that Singapore-based investment platform CoAssets had disposed of over US$30 million of their investments to a virtually unknown debt recovery firm.
Numerous affected parties have filed police reports against the company and former CEO Getty Goh, but many are still asking: How did this happen?
On this episode of Deep Dive, Tech in Asia editor-in-chief Terence Lee discusses the events that led to CoAssets’ closure and the alleged mismanagement of investors’ money at the firm.
More information on today's episode here: https://www.techinasia.com/deep-dive-coassets-lost-investors-millions-dollars
Featured reporter:
Terence Lee, editor-in-chief at Tech in AsiaEssential reading:
The rare tech startup which listed early and became profitable Millions lost, police reports filed: Behind the plight of CoAssets’ hapless investors