More and more examples of fraudulent activity among Silicon Valley start-up founders are raising the question of whether the problem is systemic in the aggressive make-it-or-break-it start-up community. Entrepreneurial start-up culture encourages rule bending – but rampant rule breaking may threaten its future. getAbstract recommends this article to investors, entrepreneurs, and anyone with an interest in Silicon Valley and start-up culture.
In this summary, you will learn
- Why recent claims of fraud in Silicon Valley are drawing attention to the start-up community,
- Why the pressure to grow fast and compete aggressively leads to increasingly exaggerated growth claims, and
- What effect the rising number of scandals may have on the future of Silicon Valley’s start-up scene.
About the Author
Erin Griffith is a senior writer at Fortune and contributor to the Los Angeles Times. She covers technology, start-ups and venture capital.