Startups, VCs and Liars

In response to Paul Kedrosky’s list of top ten VC lies

I liked it, but I couldn’t get it past my asshole partners.

- Mashable’s Pete Cashmore made his own list of top ten lies about startups

It’s The XYZ Killer!! – Wherein XYZ represents an amazingly popular one-of-a-kind service and the thing doing the killing launched today on a server in the 13 year old founder’s bedroom.

Have I ever mentioned that, in the early days of outsourcing, I was associated with one two outsourcing startups myself? We even went to Hawaii to get VC funding for one of them (thanks to the startup cell at IIM-B), only to realize that we were way out of our depth. Both of them are small profitable businesses today, by the way.

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