It wouldn't have been that bad had they made one simple change .. from (20% of College Students) to (20% of <some big name school>) or (20% of a major public university).
It would have actually been more impressive if they weren't so vague .. now they are probably going to turn off a lot of good prospects.
I say this as a YC alum whose 1st job post was fairly ill-advised (though not dishonest). Believe me, it is quite tempting to play around, so I wouldn't be too hard especially on the smaller teams who haven't been recruiting/employing for too long.
They will learn, soon enough. It's also important to note that many teams consist of 17-22 year olds, and as this app is aimed at college students it seems like it could be one of those teams. So cut them some slack.
It would have actually been more impressive if they weren't so vague .. now they are probably going to turn off a lot of good prospects.
I say this as a YC alum whose 1st job post was fairly ill-advised (though not dishonest). Believe me, it is quite tempting to play around, so I wouldn't be too hard especially on the smaller teams who haven't been recruiting/employing for too long.
They will learn, soon enough. It's also important to note that many teams consist of 17-22 year olds, and as this app is aimed at college students it seems like it could be one of those teams. So cut them some slack.