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Incidentally, the VC business is the refutation of this view. If cheating were the way to make lots of money, VCs would select founders by looking for good cheaters. And that is definitely not the filter they use.
It's the diametric opposite of the filter Y Combinator used. We actively screened out applicants who seemed dishonest. It not only didn't hurt us; it helped us.
So not only is the conspiracy theory of wealth false, but you can get rich by disproving it.
Some view “hacking” as cheating because they abide by rules that don’t actually exist.
Much of today’s super wealth is down to exploiting oligopoly and/or network effects. This form of “cheating” doesn’t require “dishonesty”.
2/5000 = .04%. Seems like a pretty good filter to me.
What makes an applicant seem dishonest? Where would Jobs and Woz making a device to defraud phone companies fall in your filter?
It's great you actively screen, but how can you do that well when FBI experts say they do a smidge better than 50/50 in detecting liars? (source: "What Every Body is Saying")
Mentioning a fictitious work-experience is dishonest. That is an easy one. Is saying 'yes' to a strict deadline (without having all the details of how you will meet it) dishonesty? Somewhere there is a thin line. Can you please share your detailed thoughts?
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