GoMechanic Cookbooks; Founder admits serious mistakes, 70% of employees were fired

The co-founder of auto startup GoMechanic admitted Wednesday to financial reporting errors, after which a forensic audit was ordered and a business restructuring that would see 70 percent of its 1,000-strong workforce be laid off. Nearly two years later after raising a whopping $42 million in funding, it turns out that GoMechanic cooked up its … Read more