Niko Bonatsos(@bonatsos):The extent of lying / exaggerating among 16-24 year olds pitching VCs for their first round or two is at an all time high right now. It’s ok to be ambitious and optimistic. Not ok to lie about VC termsheets that one didn’t receive or to talk about a verbal LOI from a customer as a signed scaler contract. Yes, we VCs are often lazy, yet some of us still do a few minutes of due diligence before we make an offer to invest.

Niko Bonatsos

@bonatsos

Obsessed with technical founders building products for themselves. Talent is universal, while opportunity is not. Founder & Managing Director @VerdictCap

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Niko Bonatsos@bonatsos

2026.08.11 00:36

The extent of lying / exaggerating among 16-24 year olds pitching VCs for their first round or two is at an all time high right now. It’s ok to be ambitious and optimistic. Not ok to lie about VC termsheets that one didn’t receive or to talk about a verbal LOI from a customer as a signed scaler contract. Yes, we VCs are often lazy, yet some of us still do a few minutes of due diligence before we make an offer to invest.

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