đź’° The End of Faking It in Silicon Valley

TL;DR

Send any friend a storySAN FRANCISCO — Faking it is over. Not only has funding dried up for cash-burning start-ups over the last year, but now, fraud is also in the air, as investors scrutinize start-up claims more closely and a tech downturn reveals who has been taking the industry’s “fake it till you make it” ethos too far. Bankman-Fried to publish on its website, apologized to investors after the company collapsed

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