Pardon my ‘60s pot metaphors of late. There’s just maniacal, seemingly drug-induced behavior happening and it seems to be going viral across many industries.
In particular, I think there’s a lot of legalized pot being passed around among Internet start-ups, and their investors are smoking the stronger weed. I mean, look at this photo of Marc Lore, founder of jet.com. Does he not look high as a kite and giggling his brains out? Hey, he just snookered his fellow investors out of $225 million over the past year for a hallucinatory, cockamamie idea that, in my opinion, will go up in…well, smoke. [Read more…]