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Investors tend to be clueless and funding cannot be proof of actual technology.
by ferongr 8y ago
Investors tend to be clueless and funding cannot be proof of actual technology.
- m_fayer 8y agoAfter Theranos and Magic Leap I've really downgraded the degree to which "huge investments from big incumbents" can be considered a reliable signal for quality.
- threeseed 8y agoMagic Leap didn't get investments from that many big incumbents. It's mostly just investment groups and Google being the only technology player. And as I've said before. You can't make broad generalisations based on two data points. Huge investments from reputable companies are still a pretty good indicator of company success.
- hwillis 8y agoA123 certainly aren't clueless. They're former MIT battery researchers.