Boss is making me add 23 fake jobs to our careers page before fundraising so that when investors come across it they have believe that he knows more about the space and what he needs than he really does. They were all ChatGPT. Please tell me investors don’t fall for this shit.
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In isolation, no one will fall for this. But if there are other fraudulent data (users, revenue, etc) being shared then number of open jobs implies business is scaling and needs funds.
You can probably figure out what the founder is saying by the kind of jobs you are adding. That being said, I’ve heard companies keep jobs open to communicate externally that they are doing well.
It’s a solid way of looking at it. Real users (early access) I believe are in the hundreds but they’re stating it’s over ten thousand. Jobs are top tier positions demanding high salaries, but the companies pre-launch and pre-revenue. Wild!
VCs aren’t angels either. They try their best to undercut valuations to get a better deal.