14 Lies About Startups

An excerpt from 

25 Pieces of Bullshit You Hear About Startups

by Charlie O'Donnell

1) You need a technical co-founder.

2) No one else can do this.

3) We decided not to charge our initial customers.

4) It's easier to get funded on the west coast.

5) This is projected to be a $54 billion dollar industry by 2019.

6) Google can't do this.

7) We wouldn't take $30 million if someone offered to buy us right now.

8) Google will have to buy us.

9) We have an agency that is going to distribute us to all the major brands, so we fully expect huge distribution and revenue in the next year.

10) We have proprietary technology.

11) And we haven't even spent money on marketing.

12) Once these big customers start using what we have, they're going to switch right away.

13) Every small business is going to sign themselves up. 

14) We won't need to raise any more money after this round.