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Naturally. They're trying to keep a deflating tire inflated. It's one of the worst con sales pitches you can ever see as an investor.
by adventured 4y ago
Naturally. They're trying to keep a deflating tire inflated.
It's one of the worst con sales pitches you can ever see as an investor.
- mikestew 4y agoUpvote for the metaphor. Because how do you keep a deflating tire inflated? Pump, and pump, and pump some more. (Apologies if I'm overstating what might be obvious to everyone else.)
- toomanyrichies 4y agoI mean I know people have a short memory span, I guess I'm just surprised it's this short. I would have thought that most folks with even a cursory knowledge of Silicon Valley history know about the 1% fallacy. I'm not even a founder, and even I know what it refers to. This quote should have been a giant red flag for Kenrick Cai and Forbes. It should have single-handedly changed the angle of the story from puff piece to investigative. To see them both uncritically regurgitating something so thoroughly disproven is another depressing nail in the coffin of modern-day journalism.