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You think 200 million in funding for a blockchain implementation in Ocaml written by one developer is reasonable? Because to me it seems absolutely ridiculous.
by richardknop 9y ago
You think 200 million in funding for a blockchain implementation in Ocaml written by one developer is reasonable?
Because to me it seems absolutely ridiculous. For comparison, Docker has so far raised around 180 million in 5 funding rounds. It has somewhere between 300-400 employees.
- simias 9y agoYeah that's the most perplexing thing with those ICOs IMO. We could argue all day whether this and that idea has some merit or not, but many of those start ups end up raising orders of magnitude more money than they should ever need to build their thing. Many of these projects could be completed by a modest team in a few months. That's just absurd and a complete waste of resources.
- lrvick 9y agoNot anymore than we say a billion pieces of green paper is worth trading for a company that lets you take selfies and put cute frames on them. Money as it exists today and how we attribute value is pretty ridiculous. Blockchain tech today is the 90s internet, poised to crash hard then later be integrated into the lives of everyone.