Often "publish-then-correct" reaches the truth faster, asymptotically, than waiting to get everything right before publishing.
Call it "Minimum Viable Truthiness", if you'd like.
Call it "Minimum Viable Truthiness", if you'd like.
https://news.ycombinator.com/item?id=5491293
Where I'm guessing that refer.ly is trying to raise their own series a and possibly getting frustrated.
That said - entrepreneurs should be more concerned with growing a business than making friends with VCs, so more power to danielle if this is how she ends up making it work.
Refer.ly recently pivoted - in fact every stat about our business is on the front page of our site. We aren't raising Series A, we have ~18 months of runway left at our current burn.