How to Ruin Your Wildly Successful TechStars Demo: Fudge Facts on Stage

After accusations of lying, Karma CEO admits he "overstated" a partnership.

You know what they say about karma, so don’t make us repeat it. It looks like good intentions backfired with Karma, a 4G hotspot provider initially founded in Amsterdam that presented this morning at TechStars Demo Day.

In press materials for the spring class, Karma’s one-line descriptor was: “Simple, honest 4G provider,” a sentiment repeated throughout its introductory blog post. But shortly after Demo Day ended, Travis Kalanick, the CEO of request-a-ride car app Uber (UBER), tweeted that Karma’s CEO Robert Gaal had not been honest in mentioning a partnership with Uber during the company’s pitch in front of crowd of more than 700 at Webster Hall.
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How to Ruin Your Wildly Successful TechStars Demo: Fudge Facts on Stage