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The Defensiveness of Elites

From The Deep State, by Mike Lofgren, pg 255-256: The quality of blind self-absorption is not confined to our national security elites. Many Wall Street and Valley billionaires, living a hermetically sealed existence surrounded by sycophants and coat holders, appear genuinely surprised that their public reputation is not that of […]

don’t give money to anyone wearing a suit!

From Peter Thiel’s Less Than Zero loc 1662-1670. Does informality thrive in tech capitalism because entrepreneurs are terrified of pissing off VC’s who think like this? At Founders Fund, we saw this coming. The most obvious clue was sartorial: cleantech executives were running around wearing suits and ties. This was […]