Here's YC's official advice about being truthful and precise about what is pilot, bookings, revenue and recurring revenue.
Founders, particularly first time founders, need to sear this into their brains. Don't mistake one tier for another. Be precise, and always be truthful.
PSA to founders raising money. Fudging revenue numbers during a fundraise isn’t just a bad look. It can be a crime. Securities fraud is a real thing. If you falsify or mislead investors about your revenue numbers, you can go to jail.
And on that note: 👇👀
@MassRMV Good morning! Correct - he got a printout of a Receipt and a Voter Registration Receipt but nothing about test, only realized at home that something important seemed to be missing.
@massrmv our son got sent home from Learner's Permit Appointment without any info on how to take online test. Now it looks like he needs a Permit ID to sign in, which he did not receive. Any ideas?
One thing no one will tell you is how important integrity is for your climate startup.
We live in an era where the myth is that good entrepreneurs create reality distortion. They fake it til they make it.
That doesn’t work when you actually have to build stuff.
By watching Twitter operate in public, more people are learning a bit how a Board may have a hard time working with/helping a founder/CEO that might be over their head. It’s not just about being pro-founder or not. Sometimes it’s also about getting shit done, and competency.
When somebody lies and you don’t accost them or hold them accountable you are encouraging them to lie even more…because they think they are smart/sly enough to get away with it.
For some people, lying is pathological.
"De La Soul Is Dead" trending for 2 straight days on Twitter because half the people actually think they are dead is maybe the most inception-level enactment of an album concept ever.
Twitter rumors say @WeAreDeLaSoul is dead? Wait til 3/3/23 when the Daisy Age begins anew!! 🌼
@cleantechinv I need a Tweetbot-style "mute tracks featuring ..." function for protection against algorithmic plays while we're at it. Got 2x surprise tracks from hiphop Voldemort today.
120k+ tech layoffs so far in 2022. Climate tech, meanwhile, is booming. There's a great rotation in talent to be unlocked.
Me, for @climate, with thanks to @paragkhanna and @conorsen for chat, @reinpk for posts, @ClimateDraft@Climatebase for resources https://t.co/R0ySMSvkBG