> You would think that VCs would be inoculated against this kind of thing. You would think. But I personally know of two examples of people with off the charts alpha personalities who were sort of serial killers of wealth. Raise, burn, raise again. Their alpha personality trumped any notion of merit or track record.
I am about as cynical as they come on this topic but I myself have been sucked into that cult of personality, with disastrous effects. It's easy, even when cynical, to fall into a Keynesian beauty contest mentality where you assume everyone else will fall for it even if you can see through it.
I am about as cynical as they come on this topic but I myself have been sucked into that cult of personality, with disastrous effects. It's easy, even when cynical, to fall into a Keynesian beauty contest mentality where you assume everyone else will fall for it even if you can see through it.