> What a choice of words. Being old should is not the cause of being swindled. Maybe inexperienced which is aggravated by being old as you should have more experience.
Sorry it did sound bad the way I put it. But I've know the group of people for 10 years or so and have seen decline in their decision making in that time. It might not be true in general but it seemed like it was true there.
At some point they stopped following technology. So someone friendly and smooth talking who knows how to throw some technical / startup terms came and took their money. They also thought of thesmelves as little Mark Cubans or Marc Andreessens. Someone knowing how to play to that image was well positioned to trick them.
Sorry it did sound bad the way I put it. But I've know the group of people for 10 years or so and have seen decline in their decision making in that time. It might not be true in general but it seemed like it was true there.
At some point they stopped following technology. So someone friendly and smooth talking who knows how to throw some technical / startup terms came and took their money. They also thought of thesmelves as little Mark Cubans or Marc Andreessens. Someone knowing how to play to that image was well positioned to trick them.