4 ms·
The article doesn't say that VCs shouldn't be self interested. Nowhere does it say that greed, for lack of a better word, is bad. The herd mentality of the VCs
by CalChris 6y ago
The article doesn't say that VCs shouldn't be self interested. Nowhere does it say that greed, for lack of a better word, is bad. The herd mentality of the VCs investing in WeWork wasn't about greed, or self interest. It was about Kool-Aid, a term the article does use.
The point of the article is that it is this Kool-Aid thinking which deforms actual capitalism.