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I don't think these startups deserve sympathy. There's actually a handful of these scams going on. I've seen heavy advertising of these type of startups promisi
by neya 8y ago
I don't think these startups deserve sympathy. There's actually a handful of these scams going on. I've seen heavy advertising of these type of startups promising digital-nomad-work-from-anywhere lifestyle on Instagram and elsewhere.
At first I thought that for a fixed sum they were going to supply you X clients every month that would help you live those flashy digital nomad lifestyles they show - laptop on a cruise ship and what not. But that wasn't the case.
When I enquired one of them, they told me I need to deposit close to $10,000 first and they'll simply just arrange my travel plan for the next 3 months or so.
Basically a travel agent business model and not even a good one at that. You know what I did? I searched online for some decent local agents and asked them to give me the best price for a travel plan for 3 months, and spent much less than that $10,000.
A few weeks later, at a cloud conference, I bumped into one of their marketing people. I shared with her my feedback and why I thought it was deceiving. Her response? "Growth hacking" and I didn't even bother to exchange name cards. A few weeks later, they were in the local media for alleged lawsuits against them. And I was really happy.
I really, really hate these dishonest startups and I think they deserve no sympathy. They aren't victims, their customers are.
Edit: typo
- maxxxxx 8y agoThat's a problem with "Fake it till you make it" strategies. Some get stuck at the "faking" stage.
- munchbunny 8y agoI think it's a little more than that. When you fake it, you still have to deliver the product.
- village-idiot 8y ago“Faking it” has a variety of different consequences based on what “it” is, assuming you never get to the “make it” stage. If your app doesn’t quite do what it promises, you might get bad press or bad reviews. If you fake your entire business model, you might get sued or go broke. If you fake medical equipment, you might go to jail.
- r00fus 8y agoThere's a huge difference between "faking it" and "frauding it". Lying that you are providing a real service or being overtly oblivious about logical obvious outcomes of sunny day scenarios... that's way shady.
- maxxxxx 8y agoI have read stories about now famous startups and some of them did quite questionable things which they eventually corrected. they could easily have gone the other way.
- bryanrasmussen 8y agoAnyway, how is overcharging growth hacking, they didn't know what they were talking about! on edit: removed pointing out typo now that typo fixed.
- neya 8y agoYou're right, it's a her, fixed it.