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This is the dirty secret that nobody here wants to admit: the entire startup system that so many here benefit from incentivizes digging yourself deeper. Folks w
by madgar 10y ago
This is the dirty secret that nobody here wants to admit: the entire startup system that so many here benefit from incentivizes digging yourself deeper. Folks want to blame Elizabeth Holmes for taking seriously all the startup mantras. "Shoot for the moon" and "Fake it until you make it" and "Startups are about people, not ____" and "Use your resources".
Sure, startups are supposed to "fail fast" too, but whenever a startup actually voluntarily returns money to investors early it's the talk of the town. Nobody ever expected that from a startup with as much capital as Theranos got.