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Is this really true? How do you learn to classify when others are bull shitting you vs. when they're sincere? Specifically, how do you tell when a founder or
by testfoobar 4y ago
Is this really true? How do you learn to classify when others are bull shitting you vs. when they're sincere? Specifically, how do you tell when a founder or investor is in it for a pump-and-dump vs actually trying to build a lasting business? Uber has built incredible tech, negotiated deals globally, become a vocabulary word (i.e. let's an get an uber.) Uber's engineering blog shows real complex ongoing projects.
Or to put in reddit terms: how do you know when you've joined a pump-n-dump business?
- ghaff 4y agoThere's probably a big grey area between "This is a really hard problem but we've got smart people and I think we have a decent shot" and "This is a really hard problem and odds are we'll crash and burn but we'll have given it a shot and made lots of (personal) money in the mean time." The fable of the talking horse is probably apropos to a lot of these situations. https://naomistanford.com/2009/02/09/teaching-the-horse-to-talk/ https://naomistanford.com/2009/02/09/teaching-the-horse-to-t...