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"You get what you measure" - talk to VCs that could finance your idea and then weep when you see what ideas do they actually select. Quick boring ROI + veiled s
by bitL 7y ago
"You get what you measure" - talk to VCs that could finance your idea and then weep when you see what ideas do they actually select. Quick boring ROI + veiled scams are the way to go these days if you want to get external funding.
- rdlecler1 7y agoVCs have investors too. Want to change VC behavior? You need to change LP behavior. And if you think VCs are unoriginal with herd mentalities then LPs are 10x more so. If we want Mars colonies we need firms like Sequoia—-who effectively have the financial equivalent of tenure—-to step up, or it will come from billionaire entrepreneurs who have the risk tolerance and vision to think differently. Let’s hope all these tech unicorns are successful because it will be that generation that goes on to fund meaningful innovation, not University endowments or pension funds.
- buboard 7y agoI think the bigger lie is that you absolutely need VCs to finance your idea.
- OnlineGladiator 7y agoWhat do you think is a better way to fund a manned mission to Mars? It's hard to argue with the progress that SpaceX has made - and that wouldn't exist without VC funding. Meanwhile NASA continues to operate at the whims of Congress. It's doing fine, but it's not looking for any moonshots like it was 50 years ago.
- dlp211 7y agoWhile agree they are at the whims of government, they literally have a moonshot in planning.
- OnlineGladiator 7y agoSure, but it's obviously going to fail to meet its deadline. It's politics completely disconnected from reality. Let's see how much Congress is willing to increase NASA's funding to actually make it a success, especially as they continue to miss deadlines. https://www.zdnet.com/article/another-nasa-moonshot-nope-you-cant-bs-your-way-to-space/ https://www.zdnet.com/article/another-nasa-moonshot-nope-you... > "If NASA is not currently capable of landing American astronauts on the moon in five years, we need to change the organization, not the mission." -Mike Pence I actually think this is a thinly veiled plan to defund NASA in the long run.
- goatlover 7y agoThe goal of NASA is scientific exploration, not human colonization. Robots and satellites are much cheaper and safer than trying to make Mars a viable place to live, and you can explore many more places.
- OnlineGladiator 7y agoI agree, but the title of the article we are commenting on is "You Promised Me Mars Colonies but I got Facebook" I didn't mean to say NASA is failing (although they are a political entity and have a lot of ups and downs as a result), but literally to say "how else could you possibly fund this if NASA isn't going to do it?" If NASA is meant for exploration and we don't need VC funding (the point of the original comment I responded to), what do you consider the best way to fund a Mars colony?