That wasn't my claim. My claim was that the thing the VCs are backing is not simply a better profit model. "You can do X for 10% less than the incumbent? Nothin

That wasn't my claim. My claim was that the thing the VCs are backing is not simply a better profit model. "You can do X for 10% less than the incumbent? Nothing else to distinguish you? And all we have to do is risk half a billion dollars over the next 5 years to compete on an even footing with what they've already spent?" - who is signing up for that?