Is this Soham Parekh 2.0?: Ash Arora, a Forbes Feature Exposes

The larger problem at hand

The larger problem at hand is not just about two individual founders engaging in questionable behaviour: it’s about the growing trend of unethical practices in the startup ecosystem, and how credibility is being compromised over and over again. 

How did it become so easy for people to use these malpractices and get away with it? Why are founders losing their integrity? Why are employees not being honest with their firms?

This problem needs a systematic solution, and here is how one can do it: 

1. Stronger Checks by Investors
   Investors should not rely only on pitch decks. They must ask for proof, like audited financials and confirm claimed partnerships directly. Doing basic background checks can prevent bigger problems later.
2. Build a Trusted Integrity Network
   Create a private forum where VCs and mentors can share warnings or red flags anonymously. This helps the community avoid repeat offenders. Platforms like AngelList could support this with built-in alerts.
3. Mandatory Ethics Declarations
   Founders should sign a clear statement confirming that their claims are true. If caught lying, they should face serious consequences like being blacklisted. Honest corrections should be welcomed, not punished.
4. Teach Founders About Ethics Early
   Startup programs must include sessions on ethics and honesty. Showing real-life examples of fraud cases can warn new founders. Celebrating slow, honest growth sets a healthier example.
5. Criticise Behaviour, Not Identity
   Call out dishonesty without linking it to race, gender, or background. Focus on facts, not labels. Accountability works best when it’s fair, respectful, and solution-focused.