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"Sometimes these bets pay off" is pretty much never true when the violate fundamental and well-known principals of science. Was the undergrad running uBeam goin
by fred_is_fred 6y ago
"Sometimes these bets pay off" is pretty much never true when the violate fundamental and well-known principals of science. Was the undergrad running uBeam going to change energy physics with his $10M?
- ricardobeat 6y agoNo, they won't change physics, but they might drop the idea altogether, pivot to different tech (IR? https://wi-charge.com/ https://wi-charge.com/), or a different market like low power IoT. It doesn't really matter. The investors buy the idea of wireless power (not the technology), and bet on the team (not the technology). Of course that all depends on the founders actually wanting to build something that works, and not being a complete scam :)