The air in the valley
yoda.posterous.com
yoda.posterous.com
There is a difference between a creatively solving a problem and an unethically solving a problem.
And, if you notice in the story - the entrepreneur delivered - his mouth wasn't writing checks that his (coding) fingers couldn't cash. He came through. So, in my books, he _was_ an iPhone Cocoa whiz.
Great Story!
Entrepreneurs are risk takers, either you are all in when the chips are down or you fail.
Really? Isn't that story slightly embellished by the founder? As an investor, I'd be concerned that this guy is taking me for a ride, especially after I read this:
Well unfortunately he doesn't know Cocoa - but that doesn't stop him. He sends an email to the firm who advertised for a bid to code an iPhone app -- then goes ahead and mis-represents to them that he is an iPhone Cocoa whiz
Me, if that's my $1.1 million on the line.
Which is where I am now. What's next?
As someone mentioned, he always followed through (i.e iPhone dev) and if these slightly dubious anecdotes detail the difference between success and failure... well, they will become history in the birth of a company.
Good luck to them!