The vast majority of them are losers, it is true. Providing dubious value to their investors and taking huge slices for themselves through greedy and lazy compe

The vast majority of them are losers, it is true. Providing dubious value to their investors and taking huge slices for themselves through greedy and lazy compensation schemes. Most don't make good decisions and aren't staffed by particularly smart people either. The top 1-5% on the other hand, those guys are absolute killers. A lot like tech companies, I suppose.