A startup like Mattermark raised 17 million simply to aggregate data about startups. Surely investors would be interested in an actual business with a clearly d

A startup like Mattermark raised 17 million simply to aggregate data about startups. Surely investors would be interested in an actual business with a clearly defined business model — or any business model for that matter. There’s a graveyard of startups that were able to raise a lot of money and not do basically anything other than raise more money. Didn’t Leap raise a billion dollars for a VR headset thingy that hasn’t even shipped? Surely there’s 50 million for an ISP startup. With the ability to be something beyond a common utility, there is going to be interest in investing in ISP innovation — especially tech that provides fiber speed without ripping up the landscape.