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Well, perhaps think of it another way. Those billions are mostly going toward staffing costs (I would guess? If not direct employees then via semiconductor fabs
by new299 10y ago
Well, perhaps think of it another way. Those billions are mostly going toward staffing costs (I would guess? If not direct employees then via semiconductor fabs etc).
Would that engineer time be better spent proving out a bunch of smaller speculative ideas rather than throwing it all behind one speculative idea.
That's the crux of it really. We could be spending our engineering time better. Maybe not funding 1000 smaller projects, but even 100 might be better.
I understand that the current investment structure probably wont support that, but it seems unfortunate.
Particularly when the large projects that engineering time gets thrown at are large, very speculative projects with likely poor DD like Magic Leap (or whoever else).
- epmaybe 10y agoInteresting because this is the same thing I've seen having worked for my first startup. They don't want much money, and want to keep it lean, yet that for some reason turns investors away because they're used to putting in millions and millions. How do you keep the size small, yet still get the funding you desperately need?