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Delve Parts Ways With Y Combinator Amid Controversy
TechCrunch·
Embattled startup Delve has reportedly been dropped by accelerator Y Combinator, with its COO confirming they have "parted ways." Delve is no longer listed on Y Combinator's portfolio and its company page has been removed from the website. This follows anonymous accusations that Delve misled clients about regulatory compliance and misused open-source tools. The startup's leadership claims these allegations stem from a malicious attack and data exfiltration, not a whistleblower. They acknowledge growing too quickly and falling short of their own standards, apologizing to customers for inconveniences and outlining steps to rebuild trust.
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