Lying is a requisite and daily part of being a founder, the grease that keeps the startup flywheel running. No one likes to put it that way of course. Instead, we use phrases like “hustling” and “fake it until you make it” to make the idea of lying more palatable. “Information control” is among the most important skills a founder has traditionally needed for success, and these euphemisms change nothing of the daily behavior.
But times are changing, and everyone is getting more sophisticated about startups. People know what questions to ask, and are not afraid to aggressively probe to get the answers they seek. That means that some of the key myths about success in Silicon Valley are at risk. We need a new transparent approach toward information, but we also need to understand that startups are inherently risky – and accept the lies as they come.
Danny Crichton, from this article. Read the whole thing: