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Ain't that the truth. Some believe in karma, maybe he doesn't. This will change. Look at Kleiner - investment after investment = flop after flop. Cleantech. Ou
by dakrisht 13y ago
Ain't that the truth. Some believe in karma, maybe he doesn't.
This will change. Look at Kleiner - investment after investment = flop after flop. Cleantech. Ouya. What's next?
Institutional money, pension funds, high-net worth individuals, sovereign wealth funds, etc. will all start realizing and cracking down on these idiotic investments left and right. It's like the eyeballs craze of the 90s. Have a site? 100,000 eyeballs a month? Shit, you're a $500M company. You'll make money somehow in the future, we believe in you.
Yeah, we remember what happened then.
- uptown 13y agoIt'll get worse. The JOBS Act will allow even more individual investors to get duped by guys like him by crowdfunding his next big "idea".