Chamath Palihapitiya is doing nothing for the perception of VC's as a bunch of arrogant loud mouths. Arrogant because they confuse past success with actual ski

Chamath Palihapitiya is doing nothing for the perception of VC's as a bunch of arrogant loud mouths. Arrogant because they confuse past success with actual skill and loud mouths because they spend so much time pumping their copy cat investments to get people to focus on their "me too" efforts rather than their competitors' "me too" efforts.