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> I can't get the hate either, though. I believe the fact that someone just wrote them a $50MM check is a fine reason to make a critical assessment of their ac
by CPLX 10y ago
> I can't get the hate either, though.
I believe the fact that someone just wrote them a $50MM check is a fine reason to make a critical assessment of their actual value.
- jonknee 10y agoWhy? Most $50mm investments end up worth nothing. The fact a company has investment does not mean they have actual value.
- maxerickson 10y agoIt's a quibble, but I would expect most $50 million dollar investments to be low risk. Things like power plants and so on. You mean VC investments, the point is that VC investment is a small fraction of overall investment.
- CPLX 10y agoI mean, it kind of does. For example, the day they close the round of funding they will presumably have $50MM in their checking account, so it would be a quite remarkable situation indeed if their actual value on that day was below that number.
- Kurtz79 10y agoBut I think that's really the point. Criticism of Soylent seems to be due to factors that go beyond a reasonable critical assessment of the product, and tends to be much harsher in form. I think many people tend to assume that just because Soylent is not an appealing product for THEM, then there is not a market for it.