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> For every incompetent investor who comes on board, you'll have a great investor who'll trust you. Incompetence is blind trust. A good investor actually care
by Ntrails 9y ago
> For every incompetent investor who comes on board, you'll have a great investor who'll trust you.
Incompetence is blind trust. A good investor actually cares about the performance of the companies in which they invest - and that includes its ability to realistically project and meet those projections. A CEO who promises the moon on a stick and delivers little is not doing his job well. I am a fan of Elon, but you can't take a whole heap of money and then complain that people are interested.
As people have said, you can avoid this obligation to your shareholders by not having any.
- deepGem 9y agoA CEO who promises the moon on a stick and delivers little is not doing his job well But Elon is not promising the moon. He is very clear when he states his goals, that these goals are very ambitious goals and that the probability of meeting them is fairly low.