7 comments
Mastodon Migration
Loukas Christodoulou
@mastodonmigration @hobs @aral I suspect that because he's from intergenerational wealth he has more cultural and social support structures around him than Kanye, so we won't ever see a similar total meltdown, but it does seem to be getting worse.
Mania Emma
@Loukas @mastodonmigration @hobs @aral fortunes usually collapse at the third generation…
Hobson Lane
@mastodonmigration |
@mastodonmigration
It just becomes publicly apparent quickly. Erratic behavior rewarded over a lifetime is a long slow decline that afflicts those whose lucky steak goes on too long. Within SpaceX he had to have a babysitter to prevent him from losing billions (Gwynne Shotwell). At Paypal and Tesla his competition was so sclerotic and monopolistic they left him a green field of opportunity. A deranged bluffer at poker looks like a genius if they keep winning... until they don't.
@Loukas @aral