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(some) people misrepresent themselves materially without any consequences (eg overselling). (some) founders focus on control at the expense of value creation.
by statictype 13y ago
(some) people misrepresent themselves materially without any consequences (eg overselling).
(some) founders focus on control at the expense of value creation.
potential buyers have a hard time parting with payment details or paying for off-the-shelf software.
(some) people negotiate all the corner cases in extreme detail, to the point where the law of diminishing returns kicks in pretty strongly.
trust gap between regulators, law enforcement and business.
trust gap between promoters (aka founders) and investors and potential misalignment on timelines and strategy.
(some) government and companies focus on protecting themselves from the 1% of customers who are gaming the system at the expense of the 99% remaining customers.
Aren't these problems there everywhere ?
Except the one about trust gap between regulators, law enforcement and business?
For ex, is 'misrepresentation' really a problem that is specific to India?
- intended 13y agoIt isn't about the binary presence of these problem but the nature of the frequency and overlap.