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The dog in the night time: Difference between revisions
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*'''Credibility''': Connection top political figures or well-regarded community pillars. If George Schultz is on the board the company must be legit, right? We imagine community pillars have done their due diligence on our behalf? | *'''Credibility''': Connection top political figures or well-regarded community pillars. If George Schultz is on the board the company must be legit, right? We imagine community pillars have done their due diligence on our behalf? | ||
*'''Cult of personality''': A single Svengali, genius, Nobel prize-winners, NASDAQ chairmen, | *'''Cult of personality''': A single Svengali, genius, Nobel prize-winners, NASDAQ chairmen, | ||
*'''This time it’s different''': A paradigm shift as part of the narrative. We’ve banished risk. The internet has changed economics forever. | *'''[[This time it’s different]]''': A paradigm shift as part of the narrative. We’ve banished risk. The internet has changed economics forever. | ||
:*Enron: mark-to-market accounting | :*Enron: mark-to-market accounting | ||
:*Dotcom bust: traditional valuation models | :*Dotcom bust: traditional valuation models | ||