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Wait until you hear about tech startups Creating fake profiles for a dating site is basically what the Reddit founders did to create Reddit. It’s no more ethic
by an0malous 1y ago
Wait until you hear about tech startups
Creating fake profiles for a dating site is basically what the Reddit founders did to create Reddit. It’s no more ethically compromised than what many YC companies do.
The ones that get labeled as scams are just the ones that executed poorly
- UltraSane 1y agoI true scam company is one that was never intended to make a profit but just steal investor money.
- an0malous 1y agoMany if not most scam companies scam the consumer, which is indistinguishable from profiting off a consumer. There are also many “legitimate” tech companies that don’t make any profit, but balloon their valuation all the way to an IPO or SPAC and then profit off public investors. So your definition still can’t distinguish between “real” companies and scam companies
- UltraSane 1y agoWe are talking about INTENT. The intent of the founders has to be to never actually have any customers or revenue but just steal investor money.