>>79167288>Rich parents give you 1mil to start a company>Buy 1million dollars worth of assets>Go to investors>"Look, last week my company was only worth like $10, now it is worth $1,000,000! At this rate of growth, it will be worth billions in only a few weeks">Investors (dumbest people alive) accept this uncritically and throw money at itLike 75% of the tech and entertainment industries are just people looping this over and over.