Organization Science Study of Prosecuted Silicon Valley Founders Draws 193 Points as the Theranos-Era Fraud Data Finally Gets Quantified
Organization Science (INFORMS) / Hacker News·low signal
A peer-reviewed paper in INFORMS' Organization Science analyzing data from Silicon Valley ventures and founders prosecuted for fraud hit 193 points and 95 comments on HN. The thread's throughline was whether the 'fake it till you make it' norm is a founder pathology or a rational response to an investor selection process that rewards narrative over evidence — a question with obvious present-tense relevance given how much of current AI fundraising rests on unaudited capability claims. Marked low as it is an academic paper rather than a breaking development.