I Got Scammed By A Silicon Valley Startup
Penny Kim

How to brag about being a startup CEO on LinkedIn (the scummy way!)

  1. Set up a company, having a business plan doesn’t matter
  2. Get people on board by overpromising
  3. Update your LinkedIn profile
  4. Pray for a miracle to happen or scam the hell out of everyone, whichever comes first
  5. Rinse and repeat

I get that it’s common for startups to count on investors for initial funding instead of real revenue, but reading horror startup stories like this one it’s really maddening.

At the end it just was a Ponzi scheme.

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