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★ Forbes 30U30 2016✅ Convicted

MIKE ROTHENBERG

Rothenberg Ventures · 2016

Investor fund misappropriation / wire fraud

Mike Rothenberg founded Rothenberg Ventures, a seed-stage VC that raised ~$47M. He became known for lavish SXSW parties. A 2016 Forbes investigation revealed he had misappropriated millions in LP funds to finance personal expenses, events, and River Studios — a VR company he secretly owned. He was convicted of wire fraud, money laundering, and securities fraud in 2022 and sentenced to 30 months in federal prison.

Raised

$47M

Outcome

🔒 Prison

Prison

3 yrs

Investors

Family officesLimited partners