Interesting paper:

Abstract: With entrepreneurial fraud cases on the rise, we investigate how entrepreneurs carry out criminal deception, employing deceptive means to defraud audiences. Analyzing court data from Silicon Valley ventures and their founders prosecuted for fraud between 2000 and 2023, our findings reveal that entrepreneurs carry out criminal deception through a process of façading: Entrepreneurs construct, perform, and protect illusory appearances (façades) that externally project high-growth performance to audiences while masking ventures’ actual underperformance. We identify three forms of façading—­surface, reinforced, and deep façading­—that are contingent on the severity of the gap that entrepreneurs face between audiences’ performance expectations and ventures’ performance reality. Our theoretical framework captures how entrepreneurs facing minor, wide, and extreme expectation-reality gaps engage in evermore sophisticated efforts to detach the venture’s externally projected appearance from its actual operational reality. Practically, we propose several approaches to deter and detect criminal deception, including the extension of U.S. Securities and Exchange Commission surveillance and whistleblower program, investor due diligence reform, and dedicated entrepreneurship education interventions that clearly demarcate when entrepreneurs transgress into criminal deception. We make contributions to literatures on cultural entrepreneurship, organizational wrongdoing, and the social effects of entrepreneurship. ...

Following a prompt from Joanna at Cup of Jo… The local deli or sandwich shop names a sandwich after you. What would be on it? Perhaps another way of asking the question: what’s your favorite sandwich that’s a little bit unusual?

I love a classic BLT, banh mi, or jambon beurre, but a sandwich that is fairly unique to me is tuna salad (made with pickles, pickle juice, and scallions), havarti, lettuce, and tomatoes on good white bread or a kaiser roll. I think that would be The Kottke at the local deli. Either that or something chopped?

Tags: food · sandwiches

What Can We Do About Partisan Gerrymandering? Jamelle Bouie has been on a tear with his analysis and historical contextualizing of the Supreme Court’s gutting of the Voting Rights Act.

The Angine de Poitrine Argument for UBI. “If universal basic income enables even one more Einstein to become Einstein over the course of the next century, it will have paid for itself a thousand times over.”

This sounds like an interesting podcast series from M. Gessen: The Idiot. “Compassion has its limits when it comes to your own cousin.”