I would say he has been very successful. He managed to become a billionaire by collecting money from investors without even needing a viable product. Even when the bubble bursts, he probably has enough other assets to live a very comfortable life.
Remember: these days, business isn’t about running a company that will generate a modest profit for generations. It’s about convincing people that a polished turd (or enshittification of your predecessor’s product) is the next big thing, then selling your shares and jumping ship before it crashes.
I don’t think our measures are that different. I meant “successful as a businessman” which is mostly equivalent to “selfish prick” and very different from being a good person.
I would say he has been very successful. He managed to become a billionaire by collecting money from investors without even needing a viable product. Even when the bubble bursts, he probably has enough other assets to live a very comfortable life.
Remember: these days, business isn’t about running a company that will generate a modest profit for generations. It’s about convincing people that a polished turd (or enshittification of your predecessor’s product) is the next big thing, then selling your shares and jumping ship before it crashes.
I guess we have different measures of success.
If I ever become a billionaire and am not actively figuring out how to effectively redistribute my wealth, you have my permission to kill me.
I don’t think our measures are that different. I meant “successful as a businessman” which is mostly equivalent to “selfish prick” and very different from being a good person.