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Comment by duxup | Hacker News Reader

I wonder if there is some lingering idea inside their own head that what they're doing is nonsense ... so more nonsense seems pretty logical.

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The ultimate lesson is that very few people, even those who seem wildly successful have any idea what they are doing.

This is why narcissist and people who are overconfident to the point of absurdity often excel and business at life. No body else has any idea what they are doing, their competitors mostly have no idea what they are doing, and they are willing to project that they know what they are doing unconditionally which is attractive to many people.

So people follow them.

This is basically the take-away of much of modern philosophical thought (absurdism/existentialism). Existence precedes essence... we are thrust into the world with no 'idea' of what's meaningful or important. People gravitate to those who have well-defined vision since working towards something (even if that thing is ultimately flawed in some way) feels better than idly spinning your wheels waiting to die.

Yeah my curiosity is how one can get so many things right when the same logical processes can spit out completely bonkers ideas at the same time. Is it insane luck that they hit the mark so often?

>Is it insane luck that they hit the mark so often?

No, its money.

All these "tech unicorns" backed by VC money are the same.

Spend Billions to obtain "growth metrics" until such time as the spending can no longer be maintained and you have grown your "valuation" to a point no VC/private investor will save your ass, then dump the company on the public.

The marketing doesn't even change just the company, "at any time we can turn off the spending and growth, and make pure profit."

It's luck, and taking credit for the work of the people they hire.

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