Is this really true? How do you learn to classify when others are bull shitting you vs. when they're sincere? Specifically, how do you tell when a founder or investor is in it for a pump-and-dump vs actually trying to build a lasting business? Uber has built incredible tech, negotiated deals globally, become a vocabulary word (i.e. let's an get an uber.) Uber's engineering blog shows real complex ongoing projects.
Or to put in reddit terms: how do you know when you've joined a pump-n-dump business?
There's probably a big grey area between "This is a really hard problem but we've got smart people and I think we have a decent shot" and "This is a really hard problem and odds are we'll crash and burn but we'll have given it a shot and made lots of (personal) money in the mean time."
Or to put in reddit terms: how do you know when you've joined a pump-n-dump business?