If you’re an investor operating in private markets, imo it’s unacceptable to try to publicly shame an entrepreneur who is making good faith efforts.
Anyone operating at the private stage knows that getting something off the ground is hard.
Sustaining it? Even harder.
Sustaining it? Even harder.
An investor or trader can diversify. An entrepreneur is all-in, requiring tremendous courage.
Finance was originally classified an “unproductive” part of the economy.
While accounting has changed with social convention, it remains the case that the real genesis of production comes from entrepreneurs.
While accounting has changed with social convention, it remains the case that the real genesis of production comes from entrepreneurs.
No matter how rich, financial intermediaries of all kinds (banks, VCs, HFs, etc) are just assistants to real production.
Financial intermediaries would serve our world much better if they remembered that…
Financial intermediaries would serve our world much better if they remembered that…
I have people I consider metaverse friends engaging in this behavior, so there’s not a buried vendetta, I just think it’s way out of line and a money drunk symptom of bull market brain.
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