The unconscious scammer

from blog Terms and Truth-Conditions, | ↗ original
If you spend enough time in risk-tolerant places (e.g. startups, blockchain) you start to notice a particular pattern. A charismatic founder, call them Alice, starts a new project. The project seems to be transparently stupid or bullshit, but somehow they manage to secure a lot of funding and/or users. After a while, the project fails, probably...