"Details the operational risks of abdicated capital deployment, where funding a partner without systems results in novelty-chasing and capital dissipation."
Shiny Object Syndrome
The strategic risk of deploying capital into opportunities without active operating control, diluting organizational focus.
Where This Idea Comes From
Defined in its own essay as the risk of deploying capital into opportunities the operator doesn't actually run day to day — capital without control. Framed as a partnership-risk variant: the dilution isn't from a bad partner, it's from an owner's own divided attention.