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Foundation hasn’t paid employees since October 30, post citing CNBC says
A post citing CNBC says Foundation lent CEO Sankaet Pathak $4.6 million for a home last year.
TLDR
According to a post citing CNBC, Foundation has missed payroll since October 30. It says CEO and co-founder Sankaet Pathak borrowed $4.6 million from the company last year to buy a luxury home. The post also describes Pathak as Foundation’s sole board member, a structure that has raised governance concerns among prospective investors.
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