Maybe we should stop lionizing VCs as some sort of investment prodigies. All it is is some people already with money gambling on a large scale and occasionally

Maybe we should stop lionizing VCs as some sort of investment prodigies. All it is is some people already with money gambling on a large scale and occasionally winning - mostly because there is a bigger sucker somewhere downstream that buys into the promise of future mega-profits. They are no different than some 20-year-old being all aflutter at the guy who just pulled up in a lambo and whispered "crypto & nfteee". And, by the way, if you've already proven that you can break some hearts by doing borderline fraudulent stuff and conning people out of billions, that goes in your favor. https://nymag.com/intelligencer/2022/08/why-is-anyone-still-betting-on-adam-neumann.html https://nymag.com/intelligencer/2022/08/why-is-anyone-still-...