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> I worry about commercializing too soon because companies need to turn a profit Is this really the case though when Tech Startups routinely go public without
by adamsmith143 5y ago
> I worry about commercializing too soon because companies need to turn a profit
Is this really the case though when Tech Startups routinely go public without ever turning a profit and with no clear vision on how they eventually will?
- willis936 5y agoI don't fully understand it, but I think the answer is usually some form of "attention economy". Also, I'm not sure how often startups get 1.8 Bn USD in series B. That sounds like a lot.
- ncmncm 5y agoIt is, anyway, a lot to waste. It is not unusual for very large investments to yield zero. Any Tokamak effort will necessarily be one of those, because operating a plant would cost far more than the similarly-rated fission plant, and those are markedly uncompetitive. But none of the money will vanish: every penny goes into a ready pocket.
- willis936 5y agoWhat an awfully easy to make take that offers no insight.
- ncmncm 5y agoIt explains how those boondoggles get the investment they do. A nuke industry without pervasive corruption would have very different economics. But corruption is very hard to root out, particularly when it has instead been made wholly legal.