The web is flooded with the PR articles of Karan Bajaj’s latest startup, Complement 1, which raised $16M, and aims to improve the lifestyle of cancer patients or maybe just capitalise on them?
➡️ For context, Karan is the founder of Whitehat Jr, the famous startup that capitalised on the insecurities of the middle-class parents and sold coding courses to kids before exiting for $200M.
He is celebrated by some and looked down upon by some due to integrity issues and how Whitehat mis-sold courses to parents, the Byjus-style, and with teachers having little to no knowledge about coding. 😅
He also has a little-known 2nd venture, Leap 300, which aims to uplift the extremely poor section of society through a 300-day program.
➡️ You make big money when you fulfil any human desire:
Romance, Social status (money, fancy jobs), Power, Looks, Health, Greed, etc. 💰💰
And Karan has followed this perfectly and made good money in very, very little time for himself and the VCs, and it seems like VCs are backing him once again for the same golden run.
See, I have nothing against Karan, all his ideas are perfect from a business pov, but there is a deep history of integrity issues. 😐
The cancer initiative is genius, but it comes with a big caution for families who are going to adopt it.
What’s your view on this?
founder startup ethics
This post was originally shared by on Linkedin.