2 ms·
"not having product/market fit" is an interesting way of describing a company that is being actively investigated for fraud by the SEC.
by beaconstudios 10y ago
"not having product/market fit" is an interesting way of describing a company that is being actively investigated for fraud by the SEC.
- brilliantcode 10y agonot having product/market fit because you don't have a product but acted like you did needs to be audited. Note that this is different from not having product/market because of lack of demand. which sums up SV startups. It's one thing to rip people off, it's a whole another to build an entire company around a non existent product. The latter takes some Talented Mr. Ripley level of Machiavellianism ( or/and being born to a rich white connected sugar daddy).