Comment Underpants Gnomes in real life (Score 4, Insightful) 45
Step 1: Find a young entrepreneur with agency. Step 2: .... Step 3: Profit!!!! Except they are purposely leaving out step 2, which is: Pump 20 million in startup cash into the company with the goal of goading other rich VCs into pumping it up as well. Get the company up to 1 billion and then you sell out your shares. Step 3 is now complete. All you had to do is be the first one and then convince everyone else to follow suit.