Boss of Uber rival Karhoo blew thousands on haircuts and cigars as firm went bust



The boss behind the start-up technology firm which boldly claimed to rival Uber went on a lavish spending spree in the months before its collapse.
Charismatic entrepreneur Daniel Ishag launched Karhoo earlier this year, declaring thousands had signed up to the taxi comparison app.
But last month London-based Karhoo ran out of money, leading to the loss of 200 jobs, unpaid staff and leaving suppliers out of pocket. It is thought the firm owes £22million.
Now details have emerged about Ishag's chequered financial past and extravagant spending.
The flamboyant British businessman, 42, splashed... read more

 
14 November 2016 in Business, Views: 63
Source: Daily Mail
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