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> I still don't understand what this has to do with blockchain. Funding from VCs?
by libdjml 8y ago
> I still don't understand what this has to do with blockchain.
Funding from VCs?
- codegeek 8y agoTrue story. I met a guy who was looking for a tech co-founder and had an idea that will use blockchain. I challenged him on the reason behind the use of blockchain and he literally said "Investors like to hear buzzwords and at this time, I am looking to raise funding". His idea wasn't bad but he couldn't justify using blockchain to implement it. I pressed him further and asked if he was willing to implement the idea without blockchain and he just wasn't interested. he said "blockchain is the hot thing right now and I want to build this using blockchain". So in other words, it was more important for him that blockchain was used than focussing on the actual idea.
- adtac 8y agoHonestly, that's hysterical even for HBO's Silicon Valley. As someone who has never lived in or experienced Silicon Valley, I always assumed the show was a bit of an exaggeration. But people like this are proof that it's not. It's a documentary with a comedic element.
- miketery 8y agoAssume not, many of the moments in the show have been lived by myself and others. More so - I think the reality is that the truth goes even further than the fictional works we see.
- TomMarius 8y agoI know people like that. They grew up from the students who did everything exactly like the teacher said, even if there was obvious (honest) mistake.
- rajacombinator 8y agoDid he get the funding though?
- js4 8y agothis
- TeMPOraL 8y agoYes. A friend works in a company where management started asking devs if they could use blockchain somewhere in the existing product (that has absolutely zero need for it), because they believed that being able to say they use "blockchain" will make it easier to get funding.