But YC has selected literally thousands of founders, maybe tens of thousands, and I haven't heard of any of them getting arrested for fraud.
Are there any exceptions? And why is YC so good at screening out impressive-seeming but fraudulent founders?
But YC has selected literally thousands of founders, maybe tens of thousands, and I haven't heard of any of them getting arrested for fraud.
Are there any exceptions? And why is YC so good at screening out impressive-seeming but fraudulent founders?
Ironically, the idea that was unworkable back then, appears to be still unworkable, and is still actively tried by one team i talk with! And they recently raised money from Google.
m0zzie•19h ago
YC has yet to back a Theranos-scale fraud.. unless there is one that simply hasn't been discovered yet.
TeslaK20•19h ago