Shoeshine: Has Powerhouse bitten off more than it can chew?
Powerhouse has been accused by some investors of artificially inflating the value of its portfolio with capital raises
Shoeshine Sat, 04 Mar 2017
Just before early-stage company incubator Powerhouse Ventures listed on the Australian stock exchange last October, Shoeshine expressed some surprise at the amount of money it was burning through, on top of a high employee headcount.
Powerhouse has been accused by some investors of artificially