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The idea of "faking it till you make it" is about projecting the self-confidence of someone whose already successful. I've never heard anyone use this phrase as
by Alex3917 9y ago
The idea of "faking it till you make it" is about projecting the self-confidence of someone whose already successful. I've never heard anyone use this phrase as a justification for providing materially false statements to investors or whatever.
- cal5k 9y agoI think the problem is that people often get away with doing ethically dubious things in early-stage startups. It only makes news when they got caught. For example: Airbnb started out by scraping Craiglist for their listings. This was not only ethically dubious, it was against Craigslist's terms of service. They got away with it, though, and have obviously gone legitimate since. Same with YouTube and copyrighted content.
- Alex3917 9y ago> I think the problem is that people often get away with doing ethically dubious things in early-stage startups. No doubt. However, I personally don't see this as being at all related to 'fake it till you make it' as a concept.
- Sangermaine 9y agoIn previous threads on Theranos numerous posters defended the practice of early-stage companies lying to investors about their capabilities in order to gin up capital, the rationalization being it was okay if the capital let you eventually actually build those capabilities.
- tnolet 9y agoYou are 100% correct in defining its original intent. I'm just afraid it is taken a bit to literal at this point.