Many startup founders consider lying as a way to get ahead. The vast majority quickly realize that whatever short term gain they might get from lying will be erased by the long term consequences **when** they get caught. Be honest.
Make sure that no matter the fate of your startup, your reputation as a honest founder does not get tarnished. That way you are always in the position to start another company in the future.
Also when you are caught lying, assume that everyone who you lied to will bring this up whenever they are asked about you... forever.
Btw - this doesn't just apply to investors. Lying to employees will produce the same results.
You can follow @mwseibel.
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.
Enjoy Threader? Sign up.
Since you’re here...
... we’re asking visitors like you to make a contribution to support this independent project. In these uncertain times, access to information is vital. Threader gets 1,000,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Your financial support will help two developers to keep working on this app. Everyone’s contribution, big or small, is so valuable. Support Threader by becoming premium or by donating on PayPal. Thank you.