> Piles of money + unclear outcomes = every grifter under the sun begins to migrate to your organisation. It is very hard to keep them all out, and they natural

> Piles of money + unclear outcomes = every grifter under the sun begins to migrate to your organisation. It is very hard to keep them all out, and they naturally begin to let other grifters in because they all run interference for each other. Sure, they might betray each other constantly, but they won't challenge the social fiction that some sort of meaningful work is happening. One of the best summaries I’ve ever read about this phenomenon.