It is dissapointing to see how frequently VCs invest hundreds of millions of dollars into fraudulent companies. This is very different from investing in legit companies that don't work.
It often seems like you are more likely to raise VC by being a fraud than by being a responsible person who wants to do something positive in this world.
> It often seems like you are more likely to raise VC by being a fraud than by being a responsible person who wants to do something positive in this world.
You can't 10x - 100x and get an exit on a responsible person who wants to do something positive in this world.
It often seems like you are more likely to raise VC by being a fraud than by being a responsible person who wants to do something positive in this world.