Comment by alex_c
2 days ago
The past failure is in the abstract, and in the past. And anyway, they were unfairly maligned. There is an inside version of the story that they will be happy to tell you, which was clearly not their fault.
But that is neither here nor there. What is important is the now, and in the now you are in the presence of someone who is Good At Making Money. And you too, by joining forces, will be Making Lots Of Money with this charismatic person, who can clearly achieve great things and will be clearly avoiding any past missteps that may have caused their downfall right before reaching greatness (but weren’t their fault anyway).
Think of the future, not the past!
This guy is a crook. Every adjective you could use to describe this guy goes against my core values.
I suspect the person you replied to was being subtly sarcastic. edit: but honestly, I'm not sure.
I thought I was laying on the sarcasm pretty thick. But I guess it’s harder and harder to tell these days!
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It's hard for me to tell because I've seen this multiple times in my career (in tech). People wasting investors' money getting funding over and over while those actually building stuff get suppressed.
I swear there are some people who control a lot of money who are just having fun ruining people's lives for laughs.
There are people who spend years working for some company, betting their career on it but it turns out the whole thing was some kind of inside joke.
My view is that some companies are basically somebody's toy and the employees are part of the entertainment like a personal reality TV show for some rich person so they can play-act as a hotshot entrepreneur.
Probably it serves as some kind of inflation control mechanism. If you have a lot of money and want to spend it without driving inflation, you have to find things with extreme diminishing returns and you have to invest in people who value such things.
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Airplane shaped blimp, here we go! =)