ET reported about the email sent by Maheshwari’s cofounder Tanay Pratap on May 23 detailing the rift between the two.
Responding to Maheshwari’s tweet, Orosz said “I am an investor in @invactHQ. Contrary to what this thread says, the company is not failing. However, its CEO is.”
@manishm @invactHQ I am an investor in @invactHQ. Contrary to what this thread says, the company is not failing. Ho… https://t.co/PX6Ze7wdN5
— Gergely Orosz (@GergelyOrosz) 1653339646000
“The company has a product, has a CTO, and is executing. It also has a CEO holding the company hostage. As an investor, I see @invactHQ succeeding: but without you,” he added.
Maheshwari has had ‘irreconcilable differences’ with Pratap, according to the email sent by the latter to investors last week detailing the crisis
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Both the founders of Invact Metaversity, who started the company in October last year, have had differences of opinion over the vision and execution of the startup and have brought these issues before their investors.
“There was a breakdown in discussions between the two of us due to irreconcilable differences,” Pratap said in the above-mentioned email.
interview with ET, Maheshwari said the idea of Invact Metaversity was also perhaps ahead of its time.