231 pointsby not-chatgpt6 hours ago42 comments
  • seamossfet5 hours ago
    Some of these really don't make sense. The implication that Cursor is a fraudulent company is a little weird considering they actually have real users.

    Like sure, is it a VS code fork with agents stapled to it? Yes. But are they on the same scale as most of the people mentioned? Ehh probably not.

    It reads more like a hit piece from someone with a grudge against random SF companies than anything else.

    • afavour5 hours ago
      > The implication that Cursor is a fraudulent company is a little weird

      To my reading the premise of the site is pretty straightforward: 30 Under 30 is a warning sign, not a positive signal. Therefore, as a company with 4 founders who were in 30 Under 30, Cursor is a risk.

      It’s a silly little satire site, there’s a danger of reading into it too deeply.

      • bloodyplonker224 hours ago
        Yeah, and the reason 30 under 30 is a warning sign is because the founders that apply to and agree to do Forbes to do "30 under 30" are much more concerned with marketing than actually building a legitimate product. Legitimate under 30 founders are spending their time actually building instead.
    • throwaway858255 hours ago
      It looks like the score number is just the number of times featured multiplied by a constant.
    • tdb78934 hours ago
      Maybe it was added after your comment but that section has a warning box calling the score a "deliberately absurd formula" and saying "this is comedy" in literal bold letters at the top. No one thinks it's serious and it's even clearly labeled as a joke just in case.
    • enoint5 hours ago
      What is a “satirical risk analysis” and am I to believe that the bottom section is built from anonymous submissions?
    • 5 hours ago
      undefined
    • throw031720195 hours ago
      They should have left off the last section. No reason to shame founders if no wrong doing
      • reaperducer5 hours ago
        No reason to shame founders if no wrong doing

        If there's no wrong-doing, then there's nothing of which to be ashamed.

  • YossarianFrPrez5 hours ago
    Reactions to this are a bit curious. It's a satirical comment on how (presumably) initially well-intentioned younger founder-types get swept up in / by perverse incentives. The implication is that younger people who are still figuring out who they are and coming into their own may be more susceptible to these kinds of incentive traps.

    The first section that showcases the fraud that has been committed is something I have no problem with, just as I have no issue with web3isgoinggreat.com. The "at risk" section is based on a mathematical/algorithmic joke. This is explained by the "methodology" section below it, which makes it clear that the equation used to calculate "risk" here is not entirely unlike the Drake equation for the probability of extra-terrestrial life.[1]

    [1] https://en.wikipedia.org/wiki/Drake_equation

    • estearum4 hours ago
      Eh, I think selection effects are more prevalent than an earnest good faith actor who got swept up into perverse incentives.

      Forbes 30u30 is a clarion call for the most ambitiously Machiavellian among us.

      They’re not subject to any different incentives than the rest of us. But they’d certainly have a higher rate of sociopaths and more garden variety Machiavellis than genpop.

      • sillysaurusx4 hours ago
        I was curious to pin down the definition of Machiavellian:

        > Manipulation & Deceit: Using charm, lies, and calculated moves to influence others.

        > Lack of Empathy: A cold, detached, and unemotional demeanor that disregards the feelings of others.

        > Strategic Long-Term Planning: Unlike impulsive psychopaths, high-Machs are patient, planning, and can delay gratification to ensure success.

        > Cynical Worldview: Believing that people are inherently weak, untrustworthy, and that "the ends justify the means".

        > Low Affect: Possessing limited emotional experience, often leading to a detached, "puppet-master" role rather than seeking the spotlight.

        The only traits that seem bad are the lying and lack of empathy. The rest seem neutral (low emotional experience is something we hackers tend to identify with), sensible (random people tend to be untrustworthy), or admirable (delayed gratification).

        Using charm and calculated moves to influence others isn’t a bad thing. It’s the basis of flattery.

        I wish there was a positive version of Machiavellian which cut the lies and lack of empathy. Those are genuinely bad.

        • fc417fc8023 hours ago
          > Using charm and calculated moves to influence others isn’t a bad thing. It’s the basis of flattery.

          Flattery doesn't have to be calculated.

          As to calculated moves, distinct things can fit the same labels. Intent, context, and execution are all important.

          • lostmsu3 hours ago
            I would argue that flattery without calculation is just poorly calculated flattery.

            Same applies to many other traits in the list. Low achievements people lie right and left just as well. Are cynical when convenient, yada yada.

            Basically, the list says that these 30s are just like an average Joe, but smart. Which should be a surprise to no one.

            • estearum3 hours ago
              No, because smart people realize they are playing an iterated game and that behaving in a way that people identify as Machiavellian is actually suboptimal in the long run.

              So they're smart enough to be calculated and stupid enough not to be so calculated that they look untrustworthy.

            • fc417fc8022 hours ago
              They're only the same thing if you ignore intent.

              Not everyone lies or is cynical when convenient. Skill, rate of success, and personal ethics are all orthogonal concepts.

              Above all, intent matters. I do not treat someone who I perceive to be manipulative the same as I would other people.

      • jacquesm4 hours ago
        That + AH or SB. Those are the kiss of death, especially when combined for the 30u30.
      • storus4 hours ago
        30u30 are an artifact of networking not directly Machiavellianism/sociopathy; pals promote them (often as children of their pals) to the list.
        • estearum3 hours ago
          You don't think Machiavellianism would be overrepresented in a group selected in this way?
          • storus2 hours ago
            Indirectly; U30 are typically propelled by their parents who might be well-connected Machiavellian or sociopathic.
            • estearum2 hours ago
              So in other words you'd expect Machiavellianism and sociopathy to be overrepresented in 30u30
    • refulgentis5 hours ago
      I think it’s because it’s slightly obvious it was vibe(coded && written).

      Starts looking like low effort libel, punching down, more than some clever joke x a statistics exercise

      Put another way: the Drake equation, this ain’t.

      • afavour5 hours ago
        Punching down? To companies worth twenties of billions of dollars?

        The impulse to label everything a “startup” and thus a smolbean little guy is fascinating.

        • refulgentis4 hours ago
          Maybe you missed the bottom section? There's plenty of comments taking umbrage at it.

          Alternatively, you think it's okay to make up stuff about young people because they got a seed round. That's stock-human behavior but it's not rational or kind.

          • afavour4 hours ago
            I was specifically thinking of Cursor when I said “companies with twenty billion dollar valuations”.

            My point, as I think was clear, was that criticising the founders of billion dollar companies via satire is not “punching down” by any means. Nor is it libel. You are throwing words around without meaning.

            (and “young people”, there we go with the smolbean stuff again. If they’re too young to face criticism then they’re too young to be CEOs of billion dollar companies. You can’t have it both ways)

            • refulgentis2 hours ago
              "Punching down" was about the watchlist section, not Cursor. You brought up Cursor, I didn't, and only after the fact.

              "There we go with the smolbean stuff again": I never said that or anything like it. You're putting an argument in my mouth and then swatting it down. Twice now.

              "If they're too young for criticism they're too young to be CEOs of billion dollar companies. You can't have it both ways." Scroll the watchlist. Most of those people aren't running billion dollar companies. That's the whole point. I definitely agree not all CEOs are good people and I generally agree the irrational argument all CEOs no matter of age are more likely to be net-destructive to society. That's the most extreme version of what you're saying, and we likely agree on it.

              So we agree the conduct towards Cursor, and whatever other companies you want to name, is fair game. The only question is whether that extends to literally everyone on the list. I don't think it does. That's it.

      • DetroitThrow4 hours ago
        You misunderstand what "punching down" or "libel" mean.
      • Blackthorn5 hours ago
        Punching down??? These people are silicon valley founders.
    • rdevilla4 hours ago
      It can be very difficult to say no to these incentives when they are presented.
      • nickvec4 hours ago
        Committing fraud is never justified.
        • rdevilla2 hours ago
          Nobody said that it was.
  • iddan5 hours ago
    The regular ones are okay. The watchlist is diabolical. Unvoted as soon as I saw the watchlist.
    • asdev4 hours ago
      half the watchlist is literally vaporware
  • jedberg4 hours ago
    This is funny, because I know a bunch of 30 under 30s, and I've invested in a few. There is a strong overlap between 30 under 30 and YC founders.

    I consider myself a good judge of character, because not one of the one's I've invested in has committed fraud!

    • wrsh072 hours ago
      I somewhat expect that if Forbes is tracking people working on some of the trendiest / most exciting stuff and also trends attract frauds then this is sort of inevitable

      I don't have strong feelings about the watch list (use and like several of the products on there so not that worried about them all being frauds), and I think the concept is kind of humorous

      Seems easy to read the wrong way though

  • czhu125 hours ago
    Would say, the 30 under 30 list has like 600 people, not 30. So the fraud rate is quite a bit lower than headlines of seemingly 2 / 30. Its more like 2 / 600, which is maybe the baseline fraud rate?
    • throwaway858255 hours ago
      Doesn't matter. It's always been based on vibes, now the vibe is fraud.
  • oefrha5 hours ago
    > Risk Index

    > Mercor — 3x on 30u30

    Interesting, I only know this company because they’re the leading spammer hitting my inbox in the AI job board category.

  • zephyrwhimsy3 hours ago
    The AI agent paradigm is promising but current implementations are fragile. The failure modes compound — each step in a chain has some probability of error, and multi-step chains amplify this exponentially.
  • kelnos4 hours ago
    The "watchlist" made me a bit uncomfortable. I get that it's satire, but putting real people's names in a list of people you're (even jokingly) watching for fraud, and assigning a "risk factor" to them (even/especially if they acknowledge it's made up) borders on defamation in my book.
  • testuser2912 hours ago
    Insightful site, I can see why it makes some aspirational people a bit uncomfortable. I'm sure they'll get over it though.
  • asdev4 hours ago
    If you didn't know, 30 under 30 doesn't have a selection process and you can literally apply and game your way into being mentioned. I honestly love the site and the UI. Great job! Would be nice to have some kind of thing for YC founders as well
  • dsr_6 hours ago
    More useful for most people: is the company you are considering doing business with run by one of these fine upstanding folks?
  • zephyrwhimsy3 hours ago
    Markdown survived because it optimized for the right tradeoff: human readability with just enough structure for machine parsing.
  • sixtyj5 hours ago
    Nice work.

    In section The 30u30 Risk Index there is some css bug, text is in long lines outside of boxes.

  • tolerance4 hours ago
    Whatever period we're supposed to call the entropic stage where postmodernism and "today's modernism" intertwine, this is THAT.
  • brcmthrowaway5 hours ago
    The Nikola founder, and Anthony Levandowski for that matter (seems to have gone under the radar), have got to be the most egregious case of corruption and pay-for-play. It's so depressing that no one can do anything about it.
    • itsankur5 hours ago
      Levandowski is back with TK at Atoms
      • misiti37804 hours ago
        it's clear now his self-driving technology was never going to work at uber.
  • cmiles85 hours ago
    It’s amusing and bemusing how these lists have become so associated with grifters and fraudsters.

    It’s gotten to the point that legit folks are wanting to steer clear of them simply because of the negative stigma with being seen as an XuX grifter.

  • rogerkirkness5 hours ago
    I've met several of the people on the first few pages on the watch list, and they are among the sketchiest Silicon Valley people I've met. The criteria are plausible.
  • dancerofaran5 hours ago
    the stupidity to this is that it takes a meme and treats it like facts

    yes, numerous 30u30 have committed frauds, and yes this list is a paid list. but it's also full of other people who have been duped by what this list represents. compounding memes at the expense of truth just creates more problems than it solves

    • arjun8105 hours ago
      it’s not a paid list. Or at least it wasn’t, can’t say with certainty it didn’t change.
      • yreg5 hours ago
        I know several 30u30 people in my country's list and I highly doubt they paid for anything.
      • buckle80175 hours ago
        Some people on the list likely paid to be on it. They likely didn't pay Forbes the company though and maybe the payment was just invites to parties.
  • 5 hours ago
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  • dwedge5 hours ago
    How old is this site, because most of the reference links are dead links
    • paxys5 hours ago
      Probably ran out of tokens halfway through
  • 6 hours ago
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  • NewsaHackO6 hours ago
    This seems extremely mean spirited.
    • TallGuyShort5 hours ago
      Some of the comments are unnecessary, but things like this:

      > wiping $40B and several people's life savings

      Okay, you shouldn't dump your life savings into a cryptocurrency that claims to be doing innovative things in the first 2 days. But if that's true that guy ruined multiple people's life's work. That's a bit mean-spirited, wouldn't you say?

      • gmd635 hours ago
        To put it into context, 40 billion dollars is about 22,000 average lifetime earnings of a man in the US.
      • NewsaHackO5 hours ago
        Did you read the page? The first portion is whatever, but then it lists random founders with no record of doing anything nefarious based on a random ranking list. It's literally bullying.
        • ForHackernews5 hours ago
          Correct. It's abusive to apply probabilistic AI models to real human individuals and penalize them for things they haven't even done yet with no recourse.

          I hope you will remember this the next time your employer asks you to build an AI moderation, credit evaluation, or anti-fraud system that will harm much larger numbers of innocent people far than one mean website.

    • 5 hours ago
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    • nutjob25 hours ago
      Yes, but so? It provides a modicum of balance versus relentless hype by founders and the doting media. Even if not true it might remind people to have some healthy skepticism. The fact that your reflex is to find it "extremely mean spirited" speaks volumes. Everyone else in life gets shat apron because of other people's unscrupulous behavior, why are these people special? People should assume that there is a good chance any business venture is a fraud.

      Ultimately it's one guy's opinion. It's not like he's going to ruin these people's lives or businesses.

  • RagnarD4 hours ago
    Including "Dropout" as some significant metric is truly idiotic. Meekly going through a university degree isn't indicative of being a paragon of virtue or success, and it's a safe bet that most higher end convicted fraudsters had a degree, probably an advanced one (i.e. the large majority of politicians in that group.)
  • jwpapi5 hours ago
    Is the formula based on the actual probabilities. I’m pretty sure you could do that, but it’s not clear it it.
  • moomoo115 hours ago
    I wouldn’t work for a company where the founder/ceo was younger than 35 and had zero real world experience.
  • AIorNot5 hours ago
    I'm all for the big names and ones that have proven issues and companies like Delve to be shamed

    But Cursor? Why they are operating in a risky space on tech that is all new what ethical things did they do to warrent inclusion in this shame board?

    Lets not tarnish folks either -cancel culture is worrisome there

  • ed_balls4 hours ago
    avoid people that need narcissistic supply at all cost.
  • BenFranklin1004 hours ago
    I’ve been in the startup and scientific community for 25 years now and during that that time I’ve run across about two dozen 30 under 30s. Every single one with exception of two were douchebags.

    I think a reason it so over represented by douchebags is because the awardees — unlike McArthur winners — are very involved in the nomination process and work to game the system.

    https://thegenzeoclub.substack.com/p/forbes-30-under-30-nomi...

  • AIorNot5 hours ago
    We're Missing the biggest frauds of all time: https://www.whitehouse.gov/

    When your president is a complete fraud and con man, the whole country is tarnished - its too late for America to bounce back, we are in end stage capitalism now that Trump and his cronies are siphoning money out of the boundaries his administration establish -no different than Putin and his oligrachs except that America still has some protections in place..

  • calebjang4 hours ago
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  • ryguz4 hours ago
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  • zephyrwhimsy3 hours ago
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  • lokinork5 hours ago
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  • worik5 hours ago
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  • lasky5 hours ago
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  • raincole5 hours ago
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    • afavour5 hours ago
      I don’t know, it reads more like a “told you so” than envy to me. I don’t get the impression the author wants to be these people.

      “Told you so” can be quite a tranquil feeling.

    • spencerflem5 hours ago
      Why do you think they’re jealous of fraudsters?
      • paxys5 hours ago
        What fraud have any of the companies under "risk index" committed?
        • nutjob25 hours ago
          Which bit of "risk index" are you not getting?

          Alternatively: how are you in a position to claim they're 100% not frauds?

          • paxys5 hours ago
            So I have to prove they aren't fraud otherwise they are fraud by default. Makes perfect sense.
            • nutjob23 hours ago
              The point is that it is unknown either way. Your comically bad faith reading of my comment does you no favors.
        • spencerflem5 hours ago
          Why do you think they’re jealous of future fraudsters?

          But like genuinely, this sort of take confuses me so much. It’s like, if someone made fun of Putin and the consensus was that they’re just jealous they don’t have a country of their own to run.

  • spullara5 hours ago
    percentage wise they have more billionaires than frauds on the list, at least so far.
  • paxys5 hours ago
    Forbes "30 under 30" actually has like 600 people a year in 20 categories, and that's just in the USA. Add in international lists and the number rises to well over 1000. Since 2011 there have probably been, what, 10-15 thousand total "honorees"? ~12 instances of fraud in total is probably significantly below the corporate average.

    And the "risk index" is idiotic. Basically just companies the creator doesn't like, or is jealous of.

    • enoint5 hours ago
      There was a running total of $18.5 B in fraud from inductees. That’s about half of the size of card fraud. Maybe 2% of worldwide fraud.
    • rorylawless5 hours ago
      Is "30 under 30" one of those schemes that require people to put themselves forward and maybe pay a fee? I've seen a bunch of "awards" (particularly for companies) that follow the same model.
    • ForHackernews5 hours ago
      Some might say a list of "30" that in fact includes thousands of people every year is itself a bit fishy.
  • Lerc5 hours ago
    What is a person who makes a site like this thinking about when they do it?

    What is their motivation? What are they trying to achieve?

    • afavour5 hours ago
      They’re pointing out fraud. Is that a bad thing now?

      I think it’s fair game to point out that the the 30 under 30 hype list is just that: hype. And there’s often very little substance underneath hype. And sometimes there’s outright deceit under it.

      • Lerc3 hours ago
        I asked for an insight into their thought process and goals. The assumption that this was something bad did not come from my words but the nature of the page itself.

        I have encountered many instances of fraud being highlighted. Generally it is a valuable journalistic service that I have no problem with. Most don't send the message that they have a vindictive axe to grind like this one does.

      • AIorNot5 hours ago
        well why was Cursor included amongst known fraudsters.. that just seems mean and warrentless
        • afavour5 hours ago
          In the section that says:

          100% SATIRICAL — SCORES ARE FICTIONAL AND DO NOT REFLECT REAL-WORLD FRAUD RISK

          ?

          Personally I think it’s not a bad thing to be a little skeptical about brand new companies with double digit billion dollar valuations. If they’re legit they can more than withstand a little satirical dig.

    • busymom05 hours ago
      I think the site likely started off as a meme. However it also seems to have a bit of a "hit piece" vibe to it in the last section
  • CobrastanJorji5 hours ago
    Seems like there should be an incarcerated stamp for people who were in jail for fraud but later got out, like Shkreli.
    • throwaway858255 hours ago
      How about a fraud prison tat? Murderers have teardrops.
      • tyre5 hours ago
        To be specific, not all teardrops indicate that the person is a murderer. The teardrop is specifically in remembrance of someone else who was killed.

        An empty teardrop indicates the death hasn’t been avenged; a half-filled one that someone else killed the killer; and only a full teardrop means that person killed the killer.

        • jacquesm4 hours ago
          You see, a pimp's love is very different from that of a square.
    • worik5 hours ago
      Tattooed on their forehead?
      • CobrastanJorji2 hours ago
        I'm not saying they need to remain social pariahs. I'm saying that if you set out to collect a list of people who have doing shady things, and you are explicitly creating a category of those people who have been convicted of crimes and sent to jail, it makes little sense to break that down into "currently in jail" and "done being in jail." They are equally 30 under 30 people who were later convicted of crimes and sent to jail.