Bogus product like @juicero ?
Actually it's rather flattering for Silicon Valley that people are surprised when a startup sells a bogus product.
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In that case their surprise comes from misunderstanding that it's companies, not individual products, that VCs fund.
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I'm never surprised when startups sell bogus products. But usually I'm disappointed when people buy them.
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Actually i'm not sure it's flattering, could mean that startups aren't working on ambitious enough ideas
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Theranos
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If they start with an idea (not a prototype) the sales pitch can get ahead of the laws of physics and markets. Operational VCs should filter
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Yeah, when the East coast is stupid or malicious everyone's just like "whadya expect?" SV is actually kinda supposed to be excellent to all
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