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This Founder’s Last Startup Lost Millions, But a16z Backed Him Again

https://www.forbes.com/sites/katiejennings/2023/06/12/lawsuits-allege-this-startup-ripped-off-millions-from-vendors-andreessen-horowitz-backed-the-former-ceos-new-company-anyway/
The venture firm made a repeat investment in Munjal Shah, but his previous company Health IQ is facing allegations of millions in unpaid invoices, tens of millions in debt — and one lawsuit is alleging fraud. InMay, Andreessen Horowitz general partner Julie Yoo told Forbes the firm was being “very rigorous about choosing how to

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