5 ms·

I genuinely don't understand why big names, who are generally considered very smart, are sinking money into this. I'm trying really hard to stay curious here,

I genuinely don't understand why big names, who are generally considered very smart, are sinking money into this. I'm trying really hard to stay curious here, and wonder what they see that I don't. Unfortunately I seem to be mostly just landing on upset that this charlatan is being given more resources to waste.

PaulHoule 4y ago
Sometimes people like that feel a strong urge to signal to everyone that they can see the emperor's new clothes better than anyone else.
shaburn 4y ago
Because its their job and there are other VC that made a killing off this guy.
- warcher 4y ago
  Is that true? I thought everybody got wiped out and he pocketed a huge check to make himself fabulously rich. Can you expand?
  - rgavuliak 4y ago
    I just read “The Cult of We” last week so my memory is fresh. Some investors got decent payouts in funding rounds following theirs.
sergefaguet 4y ago
Because he’s a very talented entrepreneur and that’s who investors want to bet on
- Icathian 4y ago
  Isn't he best known for lighting many billions of SoftBank's dollars on fire? What criteria or evidence are going by when you describe him as "talented"? Again, genuinely trying to understand, here.
  - sergefaguet 4y ago
    just watch this video: https://www.youtube.com/watch?v=Dgp-CM-gQik&feature=youtu.be https://www.youtube.com/watch?v=Dgp-CM-gQik&feature=youtu.be the guy is an absolute genius, master of charisma and communication, one of the best speakers i've ever seen. he calmly and easily responds to every difficult question ARS throws at him. i aspire to learn from him and would love to spend time with him. of course people will give him much more capital.
- pcbro141 4y ago
  He turned $22 billion in funding into $4 billion valuation. That doesn't take much talent lol.
  - sergefaguet 4y ago
    right, everyone can build one of the world's best-known brands and become a billionaire. super easy, no talent needed.
    - bambax 4y ago
      Some talent is needed to convince people to fund you. Little or no talent is needed to set money on fire. Politicians do that all the time.

PaulHoule 4y ago

Sometimes people like that feel a strong urge to signal to everyone that they can see the emperor's new clothes better than anyone else.

shaburn 4y ago

Because its their job and there are other VC that made a killing off this guy.

warcher 4y ago
Is that true? I thought everybody got wiped out and he pocketed a huge check to make himself fabulously rich. Can you expand?
- rgavuliak 4y ago
  I just read “The Cult of We” last week so my memory is fresh. Some investors got decent payouts in funding rounds following theirs.

sergefaguet 4y ago

Because he’s a very talented entrepreneur and that’s who investors want to bet on

Icathian 4y ago
Isn't he best known for lighting many billions of SoftBank's dollars on fire? What criteria or evidence are going by when you describe him as "talented"? Again, genuinely trying to understand, here.
- sergefaguet 4y ago
  just watch this video: https://www.youtube.com/watch?v=Dgp-CM-gQik&feature=youtu.be https://www.youtube.com/watch?v=Dgp-CM-gQik&feature=youtu.be the guy is an absolute genius, master of charisma and communication, one of the best speakers i've ever seen. he calmly and easily responds to every difficult question ARS throws at him. i aspire to learn from him and would love to spend time with him. of course people will give him much more capital.
pcbro141 4y ago
He turned $22 billion in funding into $4 billion valuation. That doesn't take much talent lol.
- sergefaguet 4y ago
  right, everyone can build one of the world's best-known brands and become a billionaire. super easy, no talent needed.
  - bambax 4y ago
    Some talent is needed to convince people to fund you. Little or no talent is needed to set money on fire. Politicians do that all the time.