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> Is it really so hard to them to raise money? Look at some of the stupid ideas that have raised tens to hundreds of millions of dollars over the last few years
by MontyCarloHall 5y ago
> Is it really so hard to them to raise money? Look at some of the stupid ideas that have raised tens to hundreds of millions of dollars over the last few years.
Yes. I think it’s hard for them because they probably aren’t pitching to VCs correctly. The Mill folks desperately need some elevator pitch material. Ivan Goddard mentioned [0] that they’re having problems raising VC money, in a world where VC money has been flowing like water.
Every single video/document from Mill Computing has been targeted towards highly technical audiences. I’ve seen zero material from them targeted to laypeople. You’re never going to secure any funding if your website only consists of a series of highly technical slides and lecture videos. This [1] is their “high level” overview page, which is already way too technical.
[0] https://millcomputing.com/topic/news/#post-3684 https://millcomputing.com/topic/news/#post-3684
[1] https://millcomputing.com/#_Technology https://millcomputing.com/#_Technology
- im_down_w_otp 5y agoAnything that's a sufficient departure from the norm is going to have a very hard time raising VC money from all but a very small handful of VCs that take really big transformative swings. That's not to say that Mill Computing doesn't need to do a better job at making material for laypersons to help build a zeitgeist around their thesis and what they're doing, but it should also be considered that they're doing something that VCs don't have much interest in for reasons that have nothing to do with the existential merits of Mill Computing. Which is just the long-winded way of saying, VC money is probably the wrong money for them.
- b9a2cab5 5y agoMill really needed to be proven in academia with a physical implementation before going the startup route. If you look at RISC-V, that's been a proven path towards derisking the challenges of a clean sheet design+ISA.