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WHY FOUNDER CONVICTION MATTERS MORE THAN EVER

links.tldrnewsletter.com5 min read

Summary from the TLDR Founders newsletter

Gamma co-founder Grant Lee challenges the market-validation gospel by citing a Crunchbase study where 34% of 205 failed startups reported "impressive traction" in fundraising materials months before dying, arguing downloads, sign-ups, and press are lagging indicators dressed up as proof.