The "moonshot" model comes up from time to time. It is a distilled essence of the modern investor storytelling business model, since it relies entirely on monetizing vanity. You just have to figure out what the three dudes in this photo are into and find a way in to their clique.https://twitter.com/alexrkonrad/status/1273316557138153473 …
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The business model is to force one of their other (successful) investments to buy it.
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Like their medical debt collection startup! That one will always be my favorite.
End of conversation
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This so much. Companies don't even have to make money, so they can completely wreck their category while under little pressure to actually do anything useful or make any sort of sense. I'm preaching to the choir here, but UGH it's awful
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Sounds like the same thing as VC except even worse odds
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Careful, they’ll start saying mean things about you on Clubhouse.
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