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Benzinga

Business

Shomik Sen Bhattacharjee

Y Combinator Invested In The Likes Of Coinbase, Reddit And AirBnb, Now Its CEO Has A Serious Warning For Students With A 'Fake It Till You Make It' Motto

Airbnb Reddit Garry Tan Elizabeth Holmes Bankman United States FTX Theranos Sam Bankman-Fried

Finance,Manager,Meeting,Discussing,Company,Growth,Project,Success,Financial,Statistics,

Y Combinator chief executive Garry Tan says college entrepreneurs who adopt a "fake-it-till-you-make-it" playbook risk following Theranos founder Elizabeth Holmes and FTX creator Sam Bankman-Fried "straight to jail."

What Happened: Speaking during a live taping of the accelerator's Lightcone podcast at YC's AI Startup School, Tan blasted unnamed university programs that he says encourage students to embellish traction and "lie to investors."

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