I think the point is that while the economics might be sound in terms of anticipated risk, risk management, and expected growth; the 'folklore' that arises to r

I think the point is that while the economics might be sound in terms of anticipated risk, risk management, and expected growth; the 'folklore' that arises to relate that learned experience in a convenient, easily understood way is often only a shadow - a poor construct - of the experience that actually keeps these systems running. Whether that's because 'trade secrets' or 'elevator speeches', whatever the reason, information gets lost, exaggerated, and permuted along the way. So sometimes it can easily become kind of batshit because of how far removed from reality - the actual guiding forces that sustain that economy, are. I don't know if you can point out concrete examples, because for every concrete example there's probably a successful startup out there that followed that model. But the exception doesn't prove the rule in systems that are fundamentally opened, like the relationship between culture (consumer, startup, academia, enterprise) and the economy. That's because those rules (advice) influence the system. You can't simultaneously account for the effect the advice will have on the system while following and dispensing the advice, unless the advice and it's effects on the system are immutable. But that's not how capitalism works.