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The problem with that is, they can't raise money on that and the OEMs take 5-10 years before adopting new tech. That is why they mostly buy from established peo
by panick21_ 4y ago
The problem with that is, they can't raise money on that and the OEMs take 5-10 years before adopting new tech. That is why they mostly buy from established people like Borg. Being a small tech company that gets bought up into on of the large suppliers like Borg is a possible path but not all that likely.
- steveBK123 4y agoI think in a traditional market, "hey we have this great tech we'd like to raise capital to operate as a B2B biz" would probably be fine. In the crazy tech/EV/ZIRP VC-funded bubble, especially the final SPAC-it-rubes IPO cash-out phase... everyone was incentivized to raise way too much money as long as they pretended they'd be able to target and user market of billions. Sort of mutually agreed delusion.