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There are no (absolute) red flags in venture capital

blog.aaronkharris.com

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Re: There are no (absolute) red flags in venture capital

#2
The red flag inherent to venture capital is venture capital.

Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules to let private power pick and choose and private power is pricing everyone out of homes and food, which is apparently quite moral.

Nevermind the state of reality we leave behind for the future; we’ll be dead. Those old religious metaphors about hell on Earth must be made so! Buy cars! Fly! We were promised this! Again the epitome of moral behavior.

Humans fairy tales run the world.

Re: There are no (absolute) red flags in venture capital

#3
This article says absolutely nothing of substance. It takes no side and makes no argument. "some things look like red flags. maybe that's ok. maybe it's not. someone, somewhere, will figure it out eventually." Paul Graham's blog and its consequences have been a disaster for the human race.

Re: There are no (absolute) red flags in venture capital

#4
> Remember: Red flags are very rarely outright fraud, and when they are, it’s often obvious only in hindsight...Look at Enron! Look at Madoff!

The author's two examples of obvious fraud were called out by many people as fraudulent years before it became public knowledge. It's possible to do your own research and conclude the zeitgeist is wrong before it becomes common knowledge. It would make the argument stronger to come up with examples where there weren't numerous experts screaming fraud for years.

https://www.theguardian.com/business/2010/mar/24/bernard-mad...

Re: There are no (absolute) red flags in venture capital

#5
post #2

The red flag inherent to venture capital is venture capital. Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules to let private power pick and choose and private power is pricing everyone out of homes and food, which is apparently quite moral. Nevermind the state of reality we leave behind for the future; we’ll be dead. Those old religious met…

[flagged]

Re: There are no (absolute) red flags in venture capital

#6
post #2

The red flag inherent to venture capital is venture capital. Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules to let private power pick and choose and private power is pricing everyone out of homes and food, which is apparently quite moral. Nevermind the state of reality we leave behind for the future; we’ll be dead. Those old religious met…

This sounds like it was written by a (bad) ai.

Re: There are no (absolute) red flags in venture capital

#7

> Remember: Red flags are very rarely outright fraud, and when they are, it’s often obvious only in hindsight...Look at Enron! Look at Madoff! The author's two examples of obvious fraud were called out by many people as fraudulent years before it became public knowledge. It's possible to do your own research and conclude the zeitgeist is wrong before it becomes common knowledge. It would make the argument stronger to…

yeah but nowadays everyone is constantly calling everyone out, everything is a shitcoin if it's not your favorite thing, etc, so too much noise in that

Re: There are no (absolute) red flags in venture capital

#8

> Remember: Red flags are very rarely outright fraud, and when they are, it’s often obvious only in hindsight...Look at Enron! Look at Madoff! The author's two examples of obvious fraud were called out by many people as fraudulent years before it became public knowledge. It's possible to do your own research and conclude the zeitgeist is wrong before it becomes common knowledge. It would make the argument stronger to…

there’s always somebody yelling fraud

look at herbal life as an example

or amway

Re: There are no (absolute) red flags in venture capital

#9

> Remember: Red flags are very rarely outright fraud, and when they are, it’s often obvious only in hindsight...Look at Enron! Look at Madoff! The author's two examples of obvious fraud were called out by many people as fraudulent years before it became public knowledge. It's possible to do your own research and conclude the zeitgeist is wrong before it becomes common knowledge. It would make the argument stronger to…

yeah but nowadays everyone is constantly calling everyone out, everything is a shitcoin if it's not your favorite thing, etc, so too much noise in that

Harry Markopolos was calling out Madoff for nearly a decade, with accounting-based evidence on why it was impossible and an incredibly simple way to verify if Madoff was lying for the SEC or the DTCC. The SEC never bothered to check if he was lying about his trades (or simply decided to keep it quiet), the kind of thing that would likely take them minutes to find out.

It's really more like Hindenburg Research and Adani. Hindenburg Research is just better at making a splash. But the evidence was always damning.

Re: There are no (absolute) red flags in venture capital

#10
post #2

The red flag inherent to venture capital is venture capital. Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules to let private power pick and choose and private power is pricing everyone out of homes and food, which is apparently quite moral. Nevermind the state of reality we leave behind for the future; we’ll be dead. Those old religious met…

> pricing everyone out of homes and food

The food part couldn’t be more wrong:

https://www.ers.usda.gov/amber-waves/2020/november/average-s...

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