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Be interesting if they went into detail about what prompted this paragraph. Anyone can state generalities. >Lying to YC partners is a waste of time. They won't
by kelukelugames 11y ago
Be interesting if they went into detail about what prompted this paragraph. Anyone can state generalities.
>Lying to YC partners is a waste of time. They won't ask for the money back, so tell them everything. All startups are chaotic shitshows. They know. They invented the phrase.
- freddier 11y agoOK, Most (all?) startups have broken things. Mine did and I tried to hide them at first. But I guess YC is at a point that, after thousands of startups, they've seen most of the patterns and just want to help you fix them. They'll help you no matter in what shape your company is. Also, some startups plainly lie about their metrics, but those rarely get accepted to YC, from my limited experience.
- diskcat 11y agoWhy would you lie about metrics? That seems highly verifiable. You should only lie about things that will be hard to find out like how many women you ever slept with.
- freddier 11y agoI never lied about metrics but I've seen startups that do outside YC. Most of them don't do it out of malice but due to bad math. It's easy, for example, to miscalculate CAC in the early days of your company.
- ank_the_elder 11y agoA more interesting question: What do you think the investors lied to you about? What do you think they kept to themselves?
- freddier 11y agoAt YC? Nothing. They have no reason to do that. It'd defeat the purpose of YC.