I Mistrust Most Venture Capitalists For Good Reason

I temper my mistrust of unquestionable authority by venture capitalists, but only because such arbitrage ultimately poisons its own well. The comeuppance of sorts, leaving a massive pageantry of wannabe entrepreneurs in the wake of their destruction, courtesy of the causal connection to malformed investment risk.

Or in the words of Albert Einstein:

“Mistrust of every kind of authority grew out of this experience, a skeptical attitude toward the convictions that were alive in any specific social environment — an attitude that has never again left me, even though, later on, it has been tempered by a better insight into the causal connections.” – Albert Einstein

Yet, in the end, we are all responsible for the human operating-systems that determine what can be discovered. And it is time not to lambast VC but to reinvent it, from the top, if we want to induce a different and more meaningful socioeconomic outcome for innovation.

From “There never was a Tech bubble” from February 2010.

Let’s lead the world by example with new rigors of excellence we first and successfully apply to ourselves.

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