Re: Wow. Such epic BS.
And remember supposedly competent investors....
Competent in what way? Early stage investors usually don't give a stuff if the business they are backing is not going to ever fly, all they need is to get it as far as either a secondary exit, or an IPO. The "greater mug" business model is only a variant on the dubious side of horse trading, and that's been going on since the dawn of time.