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Since when does funding translate to breakthrough? Should I mentioned Theranos?

• jillesvangurp 8y ago
  Series A funding usually means a certain level of viability and risk. Presumably with battery prototypes it is pretty easy to assess if the thing exists at all in some kind of prototype form or not and whether it works at all. When I say due diligence, I'm assuming that stuff was checked and triple checked by investors. Also, Theranos owed a large part of their funding to the fact that the CEO was cute & female. Stuff like that is super sexist of course but that doesn't make it any less true. Investors were a bit less critical than they might have been and the company certainly got a lot more press and exposure due to this than would otherwise have been the case. Not all investors are idiots. In any case, I checked, there's very little chance of that happening with the CEO of Solid Power. Looks like a pretty solid linkedin profile for somebody running a company like this.
  • StreamBright 8y ago
    Lets just wait for the results and not make assumptions on LinkedIN profiles and smart investors.
    • effrill3 8y ago
      So it's not okay for him to make assumptions about the LinkedIn profile but it's okay for you to make baseless, presumptuous comparisons to Theranos? You can't have it both ways.
    • threeseed 8y ago
      Sure but you're being a big disingenuous by just saying smart investors. We have a number of car manufacturers involved here and they don't mess around when it comes to validating new technologies. Especially given how important batteries are to the future survival of the companies.