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Silicon Valley loves to shine its turds. And they love to believe their own stink about how much they're disrupting and changing the world. And yet the most fun
by rexreed 7y ago
Silicon Valley loves to shine its turds. And they love to believe their own stink about how much they're disrupting and changing the world. And yet the most funded startups are just car services and rooms-for-rent and song-sharing-apps and the next social media whatever. When the top 10 SV funded startups are solving really big problems, then I'll start believing this nonsense.
- vapemaster 7y agoSo where is the geographic location that does fund hard problems? SV $ is far from perfect but it is surprisingly audacious and fault tolerant. A few examples old and young: Genentech SpaceX Joby TAE Technologies
- rexreed 7y agoThe geographic location of the company or the money? These aren't the same thing. * There's a lot more biotech in Boston than SV * There's even more biotech in Pennsylvania * Battery tech companies are all over the country * There's a ton of space tech in Texas and Mississippi. Yes, Mississippi. And Florida. * Telecom? Look outside the US for strength * Cybersecurity? Maryland. Virgnia. and Israel. * AI? Literally every major country in the world. * Advanced materials? So many places. Increasingly SV has less and less to offer. Maybe raw money, but I thought companies were looking for smart money, not dumb money.
- MetalGuru 7y agoYou specifically reference funding, so I would assume he's referring to VC capital allocation.