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You've heard of running a government like a business. How about running a business like a tech startup? Or like a cult? Or like a frat? Ash and Greg talk about three recent examples of venture capital turned fraud: Adam Neumann of WeWork, Elizabeth Holmes of Theranos, and Billy McFarland of Fyre Fest. We talk about the similarities that led to these hucksters convincing stupid people with more money that sense to pour it into their boondoggles.
By Gregory AmbrosYou've heard of running a government like a business. How about running a business like a tech startup? Or like a cult? Or like a frat? Ash and Greg talk about three recent examples of venture capital turned fraud: Adam Neumann of WeWork, Elizabeth Holmes of Theranos, and Billy McFarland of Fyre Fest. We talk about the similarities that led to these hucksters convincing stupid people with more money that sense to pour it into their boondoggles.