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Well, you are mentioning that in hindsight in 2020. When it started in 2009 and technologies like deep learning were mostly limited to companies like Google and
by actuator 6y ago
Well, you are mentioning that in hindsight in 2020. When it started in 2009 and technologies like deep learning were mostly limited to companies like Google and universities, would most investors have went with those high values knowing they won't even have a product 11 years later? 2009 was just 5 years after DARPA challenge and Level 5 self driving was still a moonshot.
Also, the wiki article mentions that funding amount to be between 2009-15. I don't know how Google accounts for cost, but would they count the value of shared technology?