4 ms·

I wonder why the fund is themed after a technical solution, and not industry or anything else. It's not like you see container funds or functional programming f

• joosters 6y ago
  It’s buzzword-themed, and unfortunately there are lots of funds that are buzzword-themed. Not many of them turn out to be competent or wise investments though. Mostly they are just after mug money.
• barnabee 6y ago
  Because it has been true for every major change since the industrial revolution that the people who saw a new enabling technology trend early and funded/built it won big despite not knowing exactly how it would plays out (and yes, those that arrive too late or get it wrong end up at a dead end lose), so if people get convince something might belong to that category, you’re going to be able to raise a fund around it. You name it: railways, cars, telephone, radio, TV, semiconductors, personal computing, the internet — all of these technologies were created without a complete idea of the change that would happen, and there were always investors ready to get behind the _technology_. Re: containers and functional programming, I guess most people (myself included) see these as tools that streamline existing things but are not going to deliver the kind transformational change that these other technologies do. I realise this is subjective: some people may believe containers are in that category and/or that crypto isn’t, but what matters is only the belief between the people raising the funds and those investing in them.