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On 2026-08-06 @morganbarrettx quoted @ganeumann

2026-08-06 · 21:26 UTC ·@MorganBarrettX ·0 min read

Brief

Morgan Barrett (2026-08-06) highlights @ganeumann's blunt claim—"countless hours and billions of dollars" spent on a failed intellectual framework—reports that founders and VCs angrily defended frameworks like lean startup, underscores Jerry's authority (top angel investor; 15 years teaching entrepreneurship at Columbia), and asks how to raise startup success rates.

Why it matters

On 2026-08-06 @morganbarrettx quoted @ganeumann: "We have spent countless hours and billions of dollars on an intellectual framework that simply does not work."

Key details

  • That quote sparked outrage from founders and VCs who defend frameworks such as "lean startup" as helpful for building companies.
  • The post emphasizes Jerry's credibility—called "one of the most successful angel investors of all time" and noted for 15 years teaching entrepreneurship at Columbia—and asks how to improve startup success rates.
Source evidence

"We have spent countless hours and billions of dollars on an intellectual framework that simply does not work."

It was painful to read this in @ganeumann's recent Colossus article. It sparked a lot of outrage from both founders and VC's who have found frameworks, like lean startup, helpful.

It must have been painful for Jerry to write those words as well. In addition to being one of the most successful angel investors of all time, he spent 15 years teaching entrepreneurship at Columbia.

Have we really learned nothing? And where do we go from here? How do we improve the success rate of startups?

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