The Smartest Guys in the Room II: Bankruptcy Boogaloo
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As absolutely ridiculous as everything about Elon’s takeover of Twitter was, somebody had to help finance it:
In a past life, many years ago, I went around trying to raise VC funds for a project, and I'll just note that the two (by far) most ridiculous pitch meetings involved Sequoia (pitching to Botha) and Founders Fund. In retrospect, I find all that pretty funny.— Mike Masnick (@mmasnick) November 11, 2022
If I’m in investor and I hear that a potential investee is a “first principles thinker” I would rather invest my money at the roulette tables.