DENIAL

We raised $120 million, hired 400 people, and were doing $600,000 a year in revenue. I know how that math looks now. At the time, it felt like we were about to break through.

I didn't steal funds. I made risk management mistakes. There's a difference.

I genuinely believed we were building something people wanted. The user numbers looked incredible. I should have asked harder questions about where they were coming from.

The Financial Times is running a campaign against us. Their reporting is false, defamatory, and designed to manipulate our stock price.

I believed in this company until the very end. I am as shocked as anyone that 1.9 billion euros do not exist.