> One particularly bad one is misunderstanding or misusing basic financial terms. I started noticing this in Y Combinator applicants a couple of years ago [...]

> One particularly bad one is misunderstanding or misusing basic financial terms. I started noticing this in Y Combinator applicants a couple of years ago [...] I’ve seen people use GMV for revenue or refer to an LOI as a contract many times in the past year when talking to investors. This is a felony. Not sure who the target audience is. If a business person is willfully deceiving people, let's call that out. But if a programmer is using financial jargon they don't understand, then let's educate them. It's not hard to read this blog post and come away believing that if you use the wrong acronym accidentally the author thinks you're a felon. I'm sure that's an overstatement, but overall this could have been an article that was educational yet had a serious warning. Instead it kind of stirs drama and fear. That's fine but I can't help but compare PG's essays which are a delight to read and get lost in.