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The startup probably has a bunch of investors. I guess they just picked the one that is the best clickbait? It's not like Tencent themselves are working on it.
by rapsey 5y ago
The startup probably has a bunch of investors. I guess they just picked the one that is the best clickbait? It's not like Tencent themselves are working on it.
- tommiegannert 5y agoLooks like outrage porn or Bloomberg doing Tencent favors, yes. The FL press release contains no mention of Tencent [1]. It also doesn't contain a publishing date, which I find funny since they're claiming to be first: > First Light Fusion (First Light), the University of Oxford fusion spin-out, today confirms it has achieved fusion. [1] https://firstlightfusion.com/media/fusion https://firstlightfusion.com/media/fusion
- jpgvm 5y agoBloomberg rewards reporters based on how much their news moves the market. Tencent is the only publicly traded investor I think.
- Rastonbury 5y agoOutrage porn? Nah, I just typical pop sci clickbait like we used to see with like cancer-linked studies or breakthrough
- oefrha 5y agoIt’s also a very recent investor — apparently only got in at Series C in February 2022. The startup itself has been around for more than a decade. But of course “Parkwalk Advisors-backed startup” won’t get them the clicks. https://www.crunchbase.com/organization/first-light-fusion/company_financials https://www.crunchbase.com/organization/first-light-fusion/c...