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It was a position in which she became a poster child for the company’s diversity: a self-described “queer Latinx” woman leading a company in the male-dominated technology industry.
If convicted, authorities reported that Jake Soberal and Irma Olguin could each face a maximum penalty of 20 years in prison and a $250,000 fine, depending on what a judge ultimately determines.
The high-profile Fresno company that once championed itself as a hub for technology education and innovation collapsed on May 29, 2023, after going broke. About 900 people lost their jobs.
Bitwise Industries was an American company focused on computer programming instruction, technology sales, and real estate operations. Founded in 2013 by Irma Olguin Jr. and Jake Soberal in Fresno , the company grew to have campuses in additional cities before furloughing its workforce and terminating the co-CEOs in June 2023.
The company operates from an office in Bengaluru’s Ibbaluru, Bellandur area. [4] [8] In August 2023, it was announced Navi Group had sold Chaitanya Microfinance to the Mumbai-headquartered microfinance company, Svatantra Microfin for $178.5 million.[30] On 12 March 2022 Navi filed a draft for an INR 3350 crore IPO. [9]
1723 18th Street LLC: Real estate holding company, organized 2022. BITWISEBKF LLC: Technology company, organized 2019, terminated 2023. Bitwise Coworking LLC: Shared working environments ...
Authorities reported that they could each face a maximum penalty of 20 years in prison.
That’s where Fresno-based BW Industries Inc., the embattled parent company of Bitwise Industies and other associated companies, was incorporated and filed for bankruptcy on June 28.