3 ms·
Easy money corrupts people? When there's A LOT of cash flowing around, you're bound to get some fortune seekers here and there. And it is in the nature of SV
by TrackerFF 6y ago
Easy money corrupts people?
When there's A LOT of cash flowing around, you're bound to get some fortune seekers here and there.
And it is in the nature of SV to invest early on in companies and industry which might be worth billions 5-10-15 years down the road, even if the concepts are far fetched.
Tbh, I think some investors are more than willing to suspend their disbelief, whether it is the tech itself, or the initial business models. If enough people hop on the band-wagon, and you're the early bird out - you could still make money on something wildly unfeasible idea.
In any case, that kind of culture and environment will surely attract certain people. Or transform people.