Bullsh*t mission statements as a success predictor

Trust thought for today - Here, have this to cheer you up! Or not depending on what shares you have.

Trust thought for today - bullshit as a leading indicator for failure?

This article and chart made my day - thanks Ben Cattaneo for the link. It is real research from Prof Scott Galloway at NYU Stern showing both the power of bullsht to influence investors and the stupidity of falling for it. "The lines between charm, vision, bullsh*t, and fraud have become so narrow as to be one line".

Galloway tracked "the S-1 language of a bunch of tech firms and made a qualitative assessment of the level of bullsh*t. Then we looked at their performance one year post-IPO. We believe there is an inverse correlation that may be a forward-looking indicator for a firm’s share performance."

He also gave us the fabulous new word 'Yogababble', which needs no explanation and I already used in a Bullsht workshop I did this morning. Genius.

Here is the article

https://lnkd.in/efzAmcpd

Looking forward to more from him!

Definitely one for you Ian McCarthy if not seen.

This and many other fabulous insights were given in response to my request for help identifying the 10 characteristics of Bullshit Tech. Guess what there are lots more!

Do hop over and post thoughts if not seen

https://lnkd.in/e6n-RtBy