Selena Gomez's Mental Health Startup: A Cautionary Tale for Celebrities in Business The intersection of Hollywood and Silicon Valley has long been a recipe for disaster, but the latest fallout from Selena Gomez's Wondermind startup is a stark reminder that fame and fortune do not guarantee business acumen.
A lawsuit filed against Gomez and her mother alleges securities fraud, breach of contract, and misrepresentation – hallmarks of a company in free fall. The plaintiffs invested nearly $1.
2 million in Wondermind, which promised to revolutionize mental health resources with daily offerings for users.