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Comment by mcv

5 years ago

And from what I understand, those are exactly the skills they teach you at schools like Eton. Well, maybe not being tall, but certainly the other ones.

I think the world would do well to try to inoculate itself against this sort of superficial confidence. It's way too effective, with frequently harmful results.

As examples please see Elizabeth Holmes/Theranos or Adam Neumann/WeWork neither of whom were Eton educated.

I don't think it is an issue just with people educated in certain schools.

  • The school is quite important depending on the fraud being perpetrated. Holmes doesn't get nearly so far without the Stanford (or equivalent) tag on every propaganda puff piece the media wrote to promote her.

    Elizabeth Holmes, genius dropout of Marshall University - it just doesn't raise a billion dollars in venture capital quite the same way (even with her connections to people like Draper). She was sold as the next Bill Gates (or Zuckerberg), and the next Bill Gates must drop out of a prestigious school too, because she's so brilliant and her mission is so important she must be getting on to The Big Thing. Even Stanford could not contain her. The elite school is required to sell that fraud.

    WeWork by comparison is an actual company with actual revenue ($3 billion for 2019 perhaps). It's just not worth anywhere near what the pumped up VC numbers were attempting to keep inflated. Maybe in liquidation its worth $500m, maybe it's worth $3b. Theranos was not a real company, it had no real products (going by the book Bad Blood), it had no consequential sales. Neumann was selling a different sort of fiction than Holmes (both were fiction mind you).

    • Both of them achieved their inflated valuation through a cult of personality of the leader. That's the same thing we see with Trump and BoJo in the UK

As basketball analysts like to say, you can’t teach height.

  • You can teach the appearance, use, and effect of height.

    It's dumb that people are picking on that word out of the overall comment like it was some kind of mistake. The comment was about the nature of the appearance of competence, and height is one element that has an effect on how people perceive another person, and there are countless teachable things about that.