Garry Tan criticized college entrepreneurship programs that promote a 'fake it till you make it' mentality, warning that this approach could lead students to legal troubles. He highlighted high-profile fraud cases as cautionary tales for young entrepreneurs. Tan emphasized the need for integrity in the tech world, encouraging students to establish their unique paths instead of following disreputable examples. He acknowledged the pressures of a competitive environment but reiterated that honesty and originality are critical to true success in entrepreneurship.
Garry Tan warned college entrepreneurship programs encourage students to adopt a dishonest 'fake it till you make it' mindset, potentially leading to serious legal repercussions.
Tan stressed the importance of honesty in entrepreneurship, stating, 'You don't have to lie to investors. You don't have to fake it till you make it.'
He acknowledged the competitive nature of today's business environment but emphasized finding success with integrity and originality.
Young entrepreneurs must shift from a structured education mindset to embrace the flexibility and open nature of starting a business.
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