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by DC-3 488 days ago
It's the natural extension of the startup ideology to non-software industries. How many times on this website have you seen 'founders' be celebrated for doing 'epic demo hacks' at least this fraudulent? How many tech startups achieve massive valuations with a broken product and a totally hypothetical pathway to profitability?

It's easy to see through this showmanship when the product is a car. So why not when the product is software?

2 comments

Can't speak for anyone else, but I have an issue when it's software too [1].

I think the reason that it's more prevalent with software is that it's easier to hand-wave away stuff, because you can say "well we're creating the market for this field". I don't fall for that stuff anymore, but I did when I was first starting in this field.

[1] https://news.ycombinator.com/item?id=41723417

Can you point me to one single example of "a founder being celebrated on this website for 'epic demo hacks' that are fraudulent"?

Genuinely asking.

Be sure that the fraud is obvious at the time of the post (and not in retrospect), is actively celebrated at the time.

You mean anyone that uses growth hacks? There have been many growth hack posts here. Pretty much every single start up has used some to attract investors.
> Can you point me to one single example of "a founder being celebrated on this website for 'epic demo hacks' that are fraudulent"?

Something, something [..] bulletproof Cybertruck [..]