A couple years ago I worked for a robotics startup that I learned got their start by 100% faking a demo for early customers. They had some magic box that an item would lower into and then the device would “scan” the item and spit out a bunch of data about it. It was entirely fake, the data was predetermined. That landed them a few early series investments that allowed them to do some “real” work. The founders were proud of this sham enabling them to start a company. Whole thing made me sick.
A couple years ago I worked for a robotics startup that I learned got their start by 100% faking a demo for early customers. They had some magic box that an item would lower into and then the device would “scan” the item and spit out a bunch of data about it. It was entirely fake, the data was predetermined. That landed them a few early series investments that allowed them to do some “real” work. The founders were proud of this sham enabling them to start a company. Whole thing made me sick.
Reminds me a bit of Theranos. “Pay no attention to the man (or woman) behind the curtain”…
https://en.wikipedia.org/wiki/The_Dropout is a good mini series on it, I wasn’t overly familiar with the story