This is deception which and walks a fine line between legit and fraud. It doesn't matter what you think about who should do this or not - someone will attempt to emulate it, and they will end up in prison for taking money and not producing anything. It degrades the reputation of entrepreneurs everywhere who are diligently trying to build their businesses the RIGHT way.
The fact that you brag about it so boastfully is atrocious to be honest.
>The fact that you brag about it so boastfully is atrocious to be honest.
I didn't find his post to be bragging 'boastfully' at all. It reads chiefly informative and at times positively surprised. He found a technique that seems to work pretty well and he informs us about it.
I think your opinion is too harsh. Imagine yourself to be the customer of this website. You come across something you like so much you're willing to pay for it and you make the commitment to actually do so. Sure the revelation that the product does not exist yet is disappointing, but he also didn't take your money yet, and his website already convinced you that the product is going to be what you're looking for.
Since no-one reads newletters properly, I bet at least one of your "customers" thinks they are paying for access to some videos which they will intend to watch at some point in the future, and will be pretty pissed in the future when they discover they've been paying for months and those videos are still not available.
The shady part is doing the pivot without doing another opt-in. It's a classic bait ("Subscribe to get access to videos") and switch ("Continue paying to get access to a community and the promise of plans to make said videos in the future").
If that's the case, I'm happy to issue a full refund, no questions asked.
There's a major difference between trying to scam someone and pushing the boundaries to validate (and de-risk) an idea. If our ideas are shit, I will never take someone's money for that (hence the no questions asked, full refund).
No one does, this is the internet. They found something wrong with your project and they're going to jump on it like flesh hounds. No one's going to mention a small detail like that you never took anyone's money or even that you never had malicious intent.
These are Hacker News commenters, prototypal white knights eager to show off their perfect moral compasses, disregarding any opportunity for reflection or relativism.
I wonder how many of these people have actually built something and made a living from it? Or tried? Or spent months building something only to find out no one wanted it?
No, it is not something I would have done, but I really understand the need to have some idea of what's going to work, and could see how one might go too far in pursuit of that.
I have done all of those things and I maintain the view that there is no reasonable justification for deliberate deception in commerce. A fortiori amongst startup entrepreneurs, who should be doing their best to foster collegial relationships with one another based on mutual trust and confidence - ironically, one of PublicBeta's own goals.
The fact that you brag about it so boastfully is atrocious to be honest.