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I'm not defending recent tech valuations (which I agree are ludicrous), but it's worth remembering that technological superiority != commercial value. It doesn'
by nmfisher 6y ago
I'm not defending recent tech valuations (which I agree are ludicrous), but it's worth remembering that technological superiority != commercial value. It doesn't matter how good you are at building a technically complex product if there's no market for it.
Judging from the comments in this thread, the value proposition for BD is still very unclear. Bi/quadriped robots are - currently, at least - an expensive solution to a problem that no-one really has.
Investing in BD is a gamble that they'll be able to carve out a profitable niche some time in the future. The valuation has to reflect that uncertainty.
- ve55 6y agoThat's correct, but the pattern of 'we know you are not profitable now, but perhaps you will be sometime later, and we are long-term players' is still very prevalent, but hasn't been extended to BD as much here as some may hope. While I can't argue they are actually worth much more, I think I do feel a bit of an 'I wish cool hardware got as much hype and attention as software' lament in general.