Don't collect celebrity investors. It's not a predictor of success. In fact, it may be a predictor of failure, because it's a sign that founders (a) lack confidence and (b) prefer fundraising to building stuff.
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Perhaps there's diminishing returns to celebrity investors. You certainly don't need to "collect them". In my experience, the first "celebrity investor" is helpful for building credibility, though. YC is sort of a "celebrity investor".
Yes. One or two you can justify on practical grounds, but when a founder has more than that there's usually a more dubious motive at work.
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There is also a problem when their image gets ruined. Look at
@DavidDobrik's new controversial stuff getting@DispoHQ's app store rating down. If you need a celebrity investor, have someone like@MrBeast who does only good stuff. https://twitter.com/mystanprofile/status/1369088957284253700?s=20 …This Tweet is unavailable.Thanks. Twitter will use this to make your timeline better. UndoUndo
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