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Mad Street Den built the future of AI. Then its founders walked away.
Jul 16, 2026
mint

Mad Street Den built the future of AI. Then its founders walked away.

Ashwini Asokan and Anand Chandrasekaran walked away from their Chennai-based startup, Mad Street Den, in December 2023. They rejected a $50 million funding deal because the terms hurt early investors. Asokan said, "We weren't going to screw them over." The founders chose to leave rather than accept the unfair conditions.