The existing improprieties in venture capital only exist because we have deployed a piecemeal market model, reminiscent of the Wild West. We can cure its systemic disease, by implementing operating principles to enforce the "capture" of outliers.
Katy Perry for President, was my first thought when I heard the celebrity singer in an interview with Howard Stern demand a reprioritization of life around the principles of nature. Let me explain how. Go, Katy! You already look much better than Kanye West!
An entrepreneur traced and plotted out every "reputable investor" he pitched to. More than 217 investors passed the "hot potato" startup on to another, without doing anything or explaining why, a clear symptom of dumb herd mentality.