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walked into a startup pitch meeting last week.
CTO spent 15 minutes explaining his "custom architecture" that was literally react + whatever he used at his last gig + a stack overflow auth implementation + "we'll refactor later."
the deck said series A ready.
the codebase said "please god hire a devops person."
investor asked about testing.
got a blank stare and "honestly we move fast."
here's the thing though: it worked. they raised $10M.
so either our entire evaluation framework is theater, or we're just funding whoever can tell the best story about their technical debt.