this post was submitted on 26 Feb 2024
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chapotraphouse
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It always blows my mind reading this "my new app is going to take down Facebook and Tik Tok" energy from people with shitloads of money. Like, I get it when some random techbro is convinced he's going to be the next Zuck because he doesn't understand market capture or critical mass for social media, but how do you talk like this and convince some billionaire angel investor to throw money at you? Surely at some point they're going to stop, pay someone to spend ten minutes explaining why this is a terrible idea to them, and go blow their money on some other braindead startup instead?
don't underestimate bill ackman's wife guy energy
A couple mil is chump change to these guys and they shell it out freely in hopes of landing the next Facebook