I do believe that investors are pro bullshit detectors. You mentioned some great misses but even Steph Curry misses open threes every once in a while and he's a professional 3-point shooter.
I'm to the point anymore that when I see 'startup' I think 'relatively useless internet site that sells data to advertisers'.
I agree that some of these folks half-addled. The Theranos gang of Schultz, Mattis, Kissinger should be no more listened to than the drunk at the end of the bar. Late-stage capitalism gives you creatures like David Boies.
To be fair a real scam has serious panache. I'd have to put the Pixelon corporate party at the very top of the list.
I do believe that investors are pro bullshit detectors. You mentioned some great misses but even Steph Curry misses open threes every once in a while and he's a professional 3-point shooter.