By the way - added thought - look at Softbank and tell me that mega-funds actually work.
We literally had a term for this - the Softbank Effect. Whenever Softbank invested in a company, it usually fell apart shortly thereafter.
Why? It was cursed with the particularly nefarious curse of "too much money". As a result, it a) lost its way, b) had to grow in weird and uncomfortable ways because it had SO MUCH MONEY to deploy, and c) I don't know - it just didn't work.
By the way - added thought - look at Softbank and tell me that mega-funds actually work.
We literally had a term for this - the Softbank Effect. Whenever Softbank invested in a company, it usually fell apart shortly thereafter.
Why? It was cursed with the particularly nefarious curse of "too much money". As a result, it a) lost its way, b) had to grow in weird and uncomfortable ways because it had SO MUCH MONEY to deploy, and c) I don't know - it just didn't work.
Rappi. WeWork. So many examples.