[project2501a]

Yeah, this is the bulls^H^H^H^H^Hstory that perpetuates that mythos, too.

> persist and get lucky with a good team and a good market angle at the right time - is a very potent moral.

What we should take away is that there is money to be wasted. A lot of money (which is not going into employees pockets). If someone was willing to give a billion dollars for a press of a bag of juice that could be squeezed by hand, a useless product, imagine what can be had if you have an actual product.

[AbrahamParangi]

A tangent but I think it is a useful behavior to never assume people are stupid or crazy (even if they obviously must be sometimes). The reason is that it’s at best uninformative and at worst just plain wrong.

Instead I would suggest imagining that people are perfectly rational within the limits of their information and ability to reason, and consider what beliefs they could have had that motivated their behavior.

[project2501a]

Absolutely, people are def not stupid.

I am just commenting on the greed of capitalists that manifests in throwing around millions and billions of dollars.