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Entrepreneurs and the Truth

Mark Laita

In the early days of Vice Media, cofounder Shane Smith sent a few copies of the Montreal-based start-up’s fledgling publication to a record store in Miami and a skate shop in Los Angeles so that the company could tell advertisers its readership was distributed across North America—an act befitting the monicker “Bullshitter Shane,” reportedly bestowed on him by a friend and colleague.

Read more on Business ethics or related topics Entrepreneurship and Burnout
A version of this article appeared in the July–August 2021 issue of Harvard Business Review.

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