Comment by marcus_holmes

I've seen hundreds of startups like this. Literally talking to someone last week who was developing an app but had no clear idea who their customer was or why they would buy it.

There's so much survivor-biased bullshit in the industry, though. Founders who raised millions on an idea with no MVP, no customers, no traction. Everyone laps it up and repeats it on social media and then there's another 100 founders who are wasting their time and savings on ideas with no clue. The ecosystem soaks up their savings and spits them out disillusioned and drained of cash.