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Getting money from VCs is usually difficult, how do idiots like this guy scam $200M from people? Makes the VCs look equally stupid.
by coldcode 11y ago
Getting money from VCs is usually difficult, how do idiots like this guy scam $200M from people? Makes the VCs look equally stupid.
- d4nt 11y agoI think people generally assume that confidence is backed up by reality. I've found that one of the most useful sales techniques is to be friendly and polite but also very confident. People find it reassuring. Sounds like this guy took it to the extreme though, and lost all perspective on reality along the way.
- cubano 11y agoHmmm...yes maybe that picture of him in the Bowie getup was the giveaway for that conclusion?
- UK-AL 11y agoIt's all about confidence and perception.