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If the Shoe Fits: Do You Wear the Emperor’s Clothes?

by Miki Saxon

A Friday series exploring Startups and the people who make them go. Read all If the Shoe Fits posts here

5726760809_bf0bf0f558_mStupidity is rampant; from the five billion dollar valuation of Cynk, which has no revenue, to these idiotic interview questions, which were recently banned.

Why would investors buy illiquid stock in a company with no revenues?

What does knowing how many piano tuners there are in the world have to do with being a productive contributor?

There was a time when both these scenarios would have been greeted with you’ve-got-to-be-kidding laughter, but times have changed.

Cynk’s valuation is the result of its claim to sell introductions to famous people.

The interview questions were Google’s, and, as we all know, Google only does smart stuff.

These examples prove that jumping on the wagon to avoid missing out or because an idea/action is sourced from/endorsed by a name brand isn’t always a smart way to go.

Blind stupidity is best avoided through individual, critical thinking.

In other words, that’s the best way to avoid being dressed like the emperor.

Image credit: HikingArtist

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