Property buyers agency Dashdot owed more than $16.5 million at the time of its collapse, with the Australian Taxation Office, Meta, startup lender Mighty Partners, and 695 customers among its creditors.
A preliminary report prepared by Dashdot liquidator Rebecca Gill, of corporate advisory firm Teneo, shines a light on the finances of a startup that abruptly closed its doors late last month.
The report arrives two weeks after co-founder Glenn ‘Goose’ McGrath blamed tough economic conditions, tax reforms designed to make property investment less enticing, and social media marketing costs for the company’s collapse.
Dashdot Pty Ltd — the only corporate entity under the Dashdot banner under voluntary liquidation — owed…