Visionary cofounder & CEO still gets investments for his new ventures.
I sincerely believe if SBF or Holmes were raising money for a new startup today, they’d have at least a few notable names lined up to throw money their way.
There’s a famous NFL quote from the general manager of the Arizona Cardinals that goes, “I've said this before - If Hannibal Lecter ran a 4.3 (40-yard dash) we'd probably diagnose it as an eating disorder.”
It’d be “worth a shot” as it were.
> In late 2015, WeWork was completing an investment round led by Beijing-based Hony Capital Ltd. that pushed its valuation to $16 billion. Mr. Neumann invited its CEO, John Zhao, to a party at 110 Wall Street, where WeWork was about to open its first WeLive dormlike apartment building. Toward the end of the night, Mr. Neumann led others to the roof of the 27-story building. There, guests passed around tequila shots. Mr. Neumann picked up a fire extinguisher and set it off, spraying Mr. Zhao and others with white foam.
> The deal went through. Mr. Zhao joined WeWork’s board in July 2016.
https://www.wsj.com/articles/the-money-men-who-enabled-adam-...
For every wildly-ambitious founder or founder team, they need to bend an ear toward the sage advice of a conservative corporate CFO to ensure the venture stays alive and has a chance to thrive. Surrounding oneself with "toxic economic positivity" is a recipe for failure.