FRAUDBATCH S23HEALTH / DELIVERY

Medobed

Expelled from YC S23 for faking credentials and growth metrics. Never made it to Demo Day.

Undisclosed
Capital Raised
0 YRS
Lifespan
YC's vetting credibility
Body Count

AUTOPSY REPORT

Indian 10-minute medicine delivery startup that joined YC S23. Founder Piyush Sharma claimed IIT Roorkee and Stanford credentials and reported $1M monthly GMV with EBITDA profitability. An anonymous investor tipped off YC, which discovered the founder had fabricated his educational history and inflated growth metrics — irregularities that broke YC's ethics policy . YC expelled Medobed from the batch before Demo Day — one of the rare instances of a company being kicked out mid-program. The company never raised through YC. Under Garry Tan's watch, the accelerator that prides itself on due diligence missed a founder lying about where he went to school.

DAMAGE: YC's vetting credibility

TIMELINE

2023-06Joins YC S23 batch
2023-08Anonymous investor tips off YC about irregularities
2023-08YC expels Medobed before Demo Day
CentralGDPmaxxing

Satirical project. Not affiliated with Y Combinator. All information from public records.