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St. Gallen, where they are located, is not "sparsely populated", they are quite urbanized and they do have a substantial non-financial industry. I did not mean
by microtherion 6y ago
St. Gallen, where they are located, is not "sparsely populated", they are quite urbanized and they do have a substantial non-financial industry. I did not mean to imply that the company was completely bogus, but they seem to be a bit more hype driven and less product driven than a typical startup.
- vmception 6y agoyeah we agree on that and I don’t find it surprising after what I quoted in the article I think its sad that startups and entreprenuers are tasked with both identifying a problem and a solution. They should be different people because the competencies are very different, and the possible solutions are much more numerous than the one team will come up with. But you cant woo investors or customers like that, you pretty much have to be indistinguishable from a grifter and if you fail you’ve officially become one.