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Matt Levine once described this very well, although he did it when referring to Adam Neumann and WeWork. I’m paraphrasing, but there are a subset of people who
by throwaway4736 3y ago
Matt Levine once described this very well, although he did it when referring to Adam Neumann and WeWork. I’m paraphrasing, but there are a subset of people who are able to consistently and accurately to great success exploit a bubble in the VC world, by dint of exactly knowing what to say and of being able to get the meeting in the first place.
Lee being able to credibly sell bullshit like the quoted claim is a feature, not a bug. It’s somewhat irrelevant if he actually believes it.
- textcortex 3y agoYep, agreed. Also somehow this AI 2.0 thing he is mentioning reminds me of web 3.0 bs. Baseless and delusional.
- upupupandaway 3y agoAt first I was angry about these grifters because they suck opportunities out of the market, leaving legitimate startups behind. But knowing what I know now, that VCs are also grifters (looking at a16z and its pump and dump crypto win) I have started rooting for the "bad guys". So may Lee attract all VC money in the world to promptly set it on fire like Adam did.
- DevX101 3y agoCurious, what was the a16z crypto dump play? I saw them pump for a few years, until the market tanked.
- deleted 3y ago[deleted]