An Indian-origin UC Berkeley graduate tricked 27 VCs by cold emailing them with a fake persona using keywords like 'Stanford,' 'AI,' and 'Palantir.'
The graduate received responses from majority of VCs without any product, pitch or presentation, highlighting the perceived biases in startup and VC ecosystem.
The incident sparked a debate online, with reactions ranging from shock to criticism regarding the credibility of using false information to attract investors.
While some defended the tactic, others pointed out the ethical issues and questioned the sustainability of such deception in the long run.