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Originally Posted by Hell Puppy
Sad, but not surprising....
Some research on the types of personalities drawn to this industry would make a fascinating subject for a thesis for a psychology doctorate.
How many fortunes were made and pissed away? Of those how many were pissed away due to compulsions such as drugs and/or gambling? And if you expand it to look not only at total busts but just those that let businesses kinda die on the vine, I think the numbers become staggering.
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All sorts of reasons for people's collapses in this biz to be sure. From drugs, booze, and gambling to marriages gone bad and simple bad money management.