Business

Metigy founder David Fairfull charged with fraud over the startup’s collapse

- November 11, 2024 3 MIN READ

David Fairfull, the bankrupt founder and former CEO of marketing startup Metigy, appeared in Sydney’s Downing Centre Local Court on Friday to face six charges following an ASIC investigation into the failure of the company. Fairfull was charged with five counts making false and misleading statements contrary to the Corporations Act, plus one count of… Read more »

Kangaroo Valley property, Heggy's
Business

It looks like the Metigy liquidators have broken even selling the houses bankrupt founder David Fairfull bought with company funds

- December 12, 2022 2 MIN READ

The liquidators of failed adtech startup Metigy, which collapsed into administration in July, just 20 months after raising $20 million in a Series B, have taken a $1.45 million hit on the sale of a country property bought using company funds by the startup’s now bankrupt founder, David Fairfull. Fairfull bought the 48-hectare 4-bedroom property in the… Read more »

Business

Metigy founder now bankrupt as liquidators find the adtech startup didn’t earn ‘any revenue’ in its 7-year life

- November 24, 2022 2 MIN READ

David Fairfull, founder of adtech startup Metigy, which collapsed into administration in July, just 20 months after raising $20 million in a Series B, has been declared bankrupt, amid regulator ASIC taking a closer look at potential insolvent trading in the company. AdNews reports that Fairfull went bankrupt this month – his second bankruptcy following… Read more »