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Y Combinator CEO Garry Tan warns students that a 'fake it till you make it' business mindset could land you in jail

  • Y Combinator CEO Garry Tan warned students about the 'fake it till you make it' mindset in entrepreneurship programs.
  • Tan criticized academic entrepreneurship programs that teach students to lie and fake success, comparing it to the cases of Elizabeth Holmes and Sam Bankman-Fried.
  • He emphasized the importance of honesty in entrepreneurship and highlighted the risks, including potential legal consequences such as jail time.
  • Tan and his Y Combinator colleagues also noted that some academic programs inadequately prepare students for the real-world challenges of entrepreneurship, including limiting access to tools like AI.

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