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And remember, my fellow entrepreneurs: if an investor is ok with cheating customers, there's no reason to think they will have a problem cheating you.


Can't be modded up enough. A person who is nice to you, but mean to the waitstaff, is not a nice person.


Not only that, it contributes to a culture of deceit in the valley (and in tech entrepreneurialism, in general).

This is the same mindset that led to Groupon being funded so heavily. Both seem to be classic examples of the "bigger fool" investment model. We all know it's not a sustainable or ethical business, but investors dive in knowing that with the kind of revenue numbers this sort of thing can exhibit for a short time they'll be able to unload their shares to less savvy investors in a year or two, before the reality of this business sets in (or before the law steps in and makes them act right...like a thousand other retailers that make a modest profit and provide good service and fair dealings).

Investors that fund stuff like this should be shunned by entrepreneurs (hard to do with Groupon's investors, as a lot of smart money went into Groupon). Get rich quick schemes should not be how we build the future.


this!




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