Clinkle: A 21-Year-Old Stanford Kid Got $30 Million, Then Everything Blew Up

It's dumb, but really pocket change compared to other huge investment disasters that happen regularly. Take a look at the Echelon resort in Vegas that lost billions and was never built, or realize that a hedge fund or even a lone trader at a firm can lose $30 million of Other People's Money in a day and the popular media will never report on it.

In the end VC fund investments are almost rounding errors on the limited partners' balance sheets, just some fun casino style gambling.