Bitwise & Betrayal: Inside the fraud scandal that shook Fresno en The Fresno Bee It began in 2013 as a promising effort to train and develop a technology community in Fresno. A decade later, the collapse of Bitwise Industries stunned the city, with employees left without paychecks, investors and lenders owed tens of millions of dollars, and the company’s founders facing federal fraud charges. Bitwise Podcast coming December 18, 2024. https://megaphone.imgix.net/podcasts/6b7b88ac-8694-11ef-9314-a3466a8a9b7b/image/95ddaff001fa9a4db188fe0a609f4bf3.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress Bitwise & Betrayal: Inside the fraud scandal that shook Fresno no serial Inside the fraud scandal that shook Fresno, California Tim Sheehan and Robert Rodriguez It began in 2013 as a promising effort to train and develop a technology community in Fresno. A decade later, the collapse of Bitwise Industries stunned the city, with employees left without paychecks, investors and lenders owed tens of millions of dollars, and the company’s founders facing federal fraud charges. Bitwise Podcast coming December 18, 2024. It began in 2013 as a promising effort to train and develop a technology community in Fresno. A decade later, the collapse of Bitwise Industries stunned the city, with employees left without paychecks, investors and lenders owed tens of millions of dollars, and the company’s founders facing federal fraud charges.

Bitwise Podcast coming December 18, 2024.

]]> The Fresno Bee-McClatchy lalesali@thestate.com Episode 1: Bitwise's best intentions, highest hopes In 2013, a pair of entrepreneurs in central California launched Bitwise Industries, an incubator for technology startups with three goals in mind: to provide opportunities for young intellectual talent, to slow the brain drain from the region, and to raise the bar for diversity, equity and inclusion that were lacking elsewhere in the tech community. In this episode, co-founders Jake Soberal and Irma Olguin Jr. discuss their intentions and hopes for their company. Learn more about your ad choices. Visit megaphone.fm/adchoices Wed, 18 Dec 2024 18:15:00 -0000 Bitwise's best intentions, highest hopes full 1 1 Tim Sheehan and Robert Rodriguez In 2013, a pair of entrepreneurs in central California launched Bitwise Industries, an incubator for technology startups with three goals in mind. In 2013, a pair of entrepreneurs in central California launched Bitwise Industries, an incubator for technology startups with three goals in mind: to provide opportunities for young intellectual talent, to slow the brain drain from the region, and to raise the bar for diversity, equity and inclusion that were lacking elsewhere in the tech community. In this episode, co-founders Jake Soberal and Irma Olguin Jr. discuss their intentions and hopes for their company. Learn more about your ad choices. Visit megaphone.fm/adchoices In 2013, a pair of entrepreneurs in central California launched Bitwise Industries, an incubator for technology startups with three goals in mind: to provide opportunities for young intellectual talent, to slow the brain drain from the region, and to raise the bar for diversity, equity and inclusion that were lacking elsewhere in the tech community. In this episode, co-founders Jake Soberal and Irma Olguin Jr. discuss their intentions and hopes for their company.

Learn more about your ad choices. Visit megaphone.fm/adchoices

]]> 1547 no Episode 3: Behind the Bitwise meltdown: Truth and consequences In May 2023, 10 years after Jake Soberal and Irma Olguin Jr. founded Bitwise Industries in Fresno, California, the once promising company collapsed amid an abrupt financial meltdown. About 900 workers in California and the U.S. lost their jobs without warning, investors and lenders lost tens of millions of dollars, Bitwise filed for bankruptcy, and the co-founders were charged and ultimately convicted of fraud. In this episode, hear about the company’s demise and the continuing fallout. Learn more about your ad choices. Visit megaphone.fm/adchoices Wed, 18 Dec 2024 18:15:00 -0000 Behind the Bitwise meltdown: Truth and consequences full 1 3 Tim Sheehan and Robert Rodriguez 10 years after Jake Soberal and Irma Olguin Jr. founded Bitwise Industries in Fresno, California, the once promising company collapsed amid an abrupt financial meltdown. In May 2023, 10 years after Jake Soberal and Irma Olguin Jr. founded Bitwise Industries in Fresno, California, the once promising company collapsed amid an abrupt financial meltdown. About 900 workers in California and the U.S. lost their jobs without warning, investors and lenders lost tens of millions of dollars, Bitwise filed for bankruptcy, and the co-founders were charged and ultimately convicted of fraud. In this episode, hear about the company’s demise and the continuing fallout. Learn more about your ad choices. Visit megaphone.fm/adchoices In May 2023, 10 years after Jake Soberal and Irma Olguin Jr. founded Bitwise Industries in Fresno, California, the once promising company collapsed amid an abrupt financial meltdown. About 900 workers in California and the U.S. lost their jobs without warning, investors and lenders lost tens of millions of dollars, Bitwise filed for bankruptcy, and the co-founders were charged and ultimately convicted of fraud. In this episode, hear about the company’s demise and the continuing fallout.

Learn more about your ad choices. Visit megaphone.fm/adchoices

]]> 1680 no Episode 2: Bitwise fraud and disillusionment Bitwise Industries, a one-time technology darling in Fresno, California, began to grow beyond Fresno to other California cities and, later, to other states. But beneath the façade of rapid expansion, those behind the scenes could see trouble looming on the horizon. In this episode, hear how disillusionment began to creep into the narrative that Bitwise’s founders wove. Learn more about your ad choices. Visit megaphone.fm/adchoices Wed, 18 Dec 2024 18:15:00 -0000 Bitwise fraud and disillusionment full 1 2 Tim Sheehan and Robert Rodriguez Bitwise Industries, a one-time technology darling in Fresno, California, began to grow beyond Fresno to other California cities and, later, to other states. Bitwise Industries, a one-time technology darling in Fresno, California, began to grow beyond Fresno to other California cities and, later, to other states. But beneath the façade of rapid expansion, those behind the scenes could see trouble looming on the horizon. In this episode, hear how disillusionment began to creep into the narrative that Bitwise’s founders wove. Learn more about your ad choices. Visit megaphone.fm/adchoices Bitwise Industries, a one-time technology darling in Fresno, California, began to grow beyond Fresno to other California cities and, later, to other states. But beneath the façade of rapid expansion, those behind the scenes could see trouble looming on the horizon. In this episode, hear how disillusionment began to creep into the narrative that Bitwise’s founders wove.

Learn more about your ad choices. Visit megaphone.fm/adchoices

]]> 1654 no Trailer- Bitwise & Betrayal: Inside the fraud that shook Fresno In 2013, Bitwise Industries aimed to build Fresno’s tech scene. Ten years later, the company shocked the city, leaving employees unpaid, investors and lenders owed millions, and its founders facing federal fraud charges. Learn more about your ad choices. Visit megaphone.fm/adchoices Wed, 30 Oct 2024 16:01:00 -0000 Trailer- Bitwise & Betrayal: Inside the fraud that shook Fresno full 1 Tim Sheehan and Robert Rodriguez In 2013, Bitwise Industries aimed to build Fresno’s tech scene. Ten years later, the company shocked the city, leaving employees unpaid, investors and lenders owed millions, and its founders facing federal fraud charges. Learn more about your ad choices. Visit megaphone.fm/adchoices In 2013, Bitwise Industries aimed to build Fresno’s tech scene. Ten years later, the company shocked the city, leaving employees unpaid, investors and lenders owed millions, and its founders facing federal fraud charges.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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