
- Y Combinator CEO Garry Tan is sounding the alarm on college entrepreneurship programs that encourage Gen Z students to lie to investors and be more like the disgraced founders Sam Bankman-Fried and Elizabeth Holmes. “That’s a waste of time—and you’re gonna go to jail,” he warns. “You don’t have to fake it till you make it.”
FTX’s Sam Bankman-Fried and Theranos’s Elizabeth Holmes may be the latest names added to business history—but not for their successes; rather, for their high-profile fraud scandals.