The antidote seems to be taking the long view. Minsky moments in finance would have been diminished if CEOs of banks were compensated based upon the status of t

The antidote seems to be taking the long view. Minsky moments in finance would have been diminished if CEOs of banks were compensated based upon the status of the firm in 10 years or if their estates' incentives were aligned with the state of the bank in 20 or even 100 years. VC presumably can structure their compensation paradigms similarly. Thus, minimizing the probability of ruin becomes a more rational choice.