4 ms·
The markets and VC are too short-termist for things like this. The failure of many VC-funded robotics companies is evidence of this. Rethink Robotics. Jibo. Ank
by rexreed 6y ago
The markets and VC are too short-termist for things like this. The failure of many VC-funded robotics companies is evidence of this. Rethink Robotics. Jibo. Anki. I can keep going. The VCs ran out of patience long before the product gained market traction.
And Boston Dynamics is not an exception. Government funded primarily until 2013 when it was acquired by Google. Google then didn't have the stomach to continue to fund it, so they sold it to Softbank.[1]
[1] https://thenextweb.com/google/2017/06/09/its-no-wonder-google-sold-boston-dynamics-to-softbank/ https://thenextweb.com/google/2017/06/09/its-no-wonder-googl...