Tesco
The Ugly, Unethical Underside of Silicon Valley
Article

The Ugly, Unethical Underside of Silicon Valley

As the list of startup scandals grows, it’s time to ask whether entrepreneurs are taking “fake it till you make it” too far.

Erin Griffith
Fortune, 2016
Read the article

Read or listen offline

自动生成的音频
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
自动生成的音频

Editorial Rating

7

Qualities

  • Controversial
  • Overview
  • For Beginners

Recommendation

More and more examples of fraudulent activity among Silicon Valley start-up founders are raising the question of whether the problem is systemic in the aggressive make-it-or-break-it start-up community. Entrepreneurial start-up culture encourages rule bending – but rampant rule breaking may threaten its future. getAbstract recommends this article to investors, entrepreneurs, and anyone with an interest in Silicon Valley and start-up culture.

Take-Aways

  • Rising claims of fraud in Silicon Valley’s start-up community are gaining the attention of analysts and investors.
  • Start-up culture emphasizes fast growth and aggressive marketing.
  • The combination of three factors fuels the temptation to massage figures: Venture capitalists push for lofty goals; private companies don’t face financial scrutiny; and the media love exciting, disruptive technologies.

About the Author

Erin Griffith is a senior writer at Fortune and contributor to the Los Angeles Times. She covers technology, start-ups and venture capital.

Comment on this summary or 开始讨论