I joined a startup once where everybody seemed to be working on something completely different. One project was an eBay tool, another was a chat assistant, another was an energy comparison tool... The CEO was never in the office, she was always flying around the world with her daughter (given a made-up C title) visiting CEOs of large companies and throwing out numerous hooks to see who would bite. I very quickly saw…
I know a gentleman who does something similar even though a large portion of his wealth is in the real estate industry. His tech gains are just from a network of friends that gave money to his company and lip service to "acquisition."