PoriPurno News Desk | August 11, 2025
A growing wave of anger is sweeping across Bangladesh’s young generation — particularly among Generation Z, those under the age of 30 — as they express deep frustration and distrust toward a section of the country’s startup ecosystem. Many accuse certain high-profile entrepreneurs of running scams that have tarnished Bangladesh’s reputation in the global venture capital (VC) market.
The outrage stems from repeated allegations that some of the top-ranked companies in sectors such as fintech, e-commerce, and online travel agencies (OTA) have engaged in unethical or fraudulent activities. Social media posts and online discussions reveal that these sectors are now being linked with corruption and mismanagement, with one viral statement bluntly declaring:
“Top 2nd Fintech is a scam.
Top 2nd E-commerce is a scam.
Top 2nd OTA is a scam.”
Frustrated youths argue that these so-called “innovators” and “visionary entrepreneurs” are in fact scammers, fraudsters, and opportunists who have exploited investor trust and public resources, only to leave a trail of financial loss and reputational damage.
The Damage to Bangladesh’s Startup Image
Industry insiders warn that the scandal-ridden behavior of a few bad actors has made international venture capitalists hesitant to invest in Bangladeshi startups. Several foreign investors have reportedly become cautious, fearing a lack of transparency and accountability in the local startup scene.
“Now, when VCs hear the word ‘Bangladesh,’ they flinch. The trust is broken,” said one young tech professional on social media.
This mistrust is not only hurting the economy but also crushing the dreams of young entrepreneurs who genuinely want to build ethical, innovative businesses.
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The Voice of Generation Z
The younger generation is making it clear that they will not forgive those responsible for this damage. They view these fraudulent startup operators as “enemies of the country and the nation”, whose actions have sabotaged the future of honest, hardworking youths.
The call for accountability is growing louder. Many believe that unless these scam operators are publicly exposed and legally punished, Bangladesh will continue to suffer in the eyes of the global startup community.
A Wake-Up Call for Regulators and Investors
Analysts suggest that the government, regulatory authorities, and VC firms must take stronger measures to vet startups, enforce financial transparency, and ensure strict legal consequences for fraud. Without decisive action, the nation risks losing an entire generation’s trust in entrepreneurship as a viable path.
As one viral post concluded:
“Do not forgive them. These are the enemies of the country, the enemies of the nation, the breeding ground of mockery for our future.”
The message is clear — Bangladesh’s youth are ready to fight for a cleaner, more accountable startup ecosystem, and they will not remain silent against those who have betrayed their trust.
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