ICYMI: One of crypto’s most active venture investors has struggled to find an auditor
Shima Capital, the crypto VC founded by Yida Gao, has made nearly 200 startup investments since 2021.
But Shima has had a harder time securing the services of an auditor, based on documents reviewed by The Block. The documents reviewed by The Block — many of them published as part of an ongoing court case involving Gao and his former employer Adam Struck — paired with comments from people familiar with Shima underscore its struggles to find an auditor.An investor presentation from the Summer of 2021 suggests Shima tried to engage auditing firm Richey May & Co. to perform tax and auditing services.
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