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The NHTSA seemed to only request for comma.ai to push back a release date until further testing happened. As for the money >Well, we have Andreesen Horowitz [
by Jarwain 10y ago
The NHTSA seemed to only request for comma.ai to push back a release date until further testing happened.
As for the money
>Well, we have Andreesen Horowitz [the VC firm], which provided $3.1 million, and we spent under $1 million to do all of this.
- trymas 10y agoI am interested where's the profit behind this funding, if it's given away? Or the funding is just to buy the person/people/team to make some innovative products or work in some other self driving car research teams?
- usrusr 10y agoThe experience won while writing that code could be a lot more valuable than the code itself. If ever a car company was interested in building on top of what comma.ai has done so far, they would hire (or acqui-hire, that's the VC bet) the heads and have them rewrite the code together with more formal engineers. But when nobody is buying comma.ai, nothing of that will happen. The (little, given the domain) money invested will only have been sponsorship of a romanticized take on hacker culture. Which may actually have been a contributing factor in the investment decision here, this a frugal garage operation, not a fast-burning startup with fancy offices. Open sourcing some code can create visibility, without it we would not be talking about this today. From the investment perspective, opening this code is clearly a hail-mary-pass. There are situations when those are the best course of action and I think this is one of them.
- captainmuon 10y agoWhoa, I didn't know about that money. I wonder if the investors aren't angry, VC money doesn't come without obligations. I could imagine the technology ends up in some kind of portfolio and gets reused by somebody else later. OTOH, this still seems a bit like a hobby project to me. If I can believe the other comments, the code is not too spectacular, and the biggest asset is likely Hotz' name.