3 ms·
It feels like a typical "young & hyped" European business - fanfare in the beginning, capital from old money networks that want to stay relevant, then fizzling
by treprinum 3y ago
It feels like a typical "young & hyped" European business - fanfare in the beginning, capital from old money networks that want to stay relevant, then fizzling out slowly without showing anything worthwhile later.
- namaria 3y agoI've worked at a couple of mid level undertakings of the kind. Smart people do it on the down low and milk it for years. The inner circle draws fat engineering salaries, and they keep surfing on the latest tech hype wave.
- peanuty1 3y agoReminds me of Montreal's Element AI.
- konschubert 3y agobingo - but I hope I am wrong.
- xor99 3y agoexactly
- hef19898 3y agoAt least those don't leave craters of the size of FTX, WeWork or Theranos. Stupid Europeans, even fail at failing!
- bitcurious 3y agoCredit Suisse, Wirecard, WV emissions scandal? I don’t think corporate fraud/failure is unique to US.
- hef19898 3y agoWe talked about young, start-up like companies. Heck, Wirecard was decades old before the scandal broke. Regarding European scandals, I'd throw in Siemens' corruption scandal, Contergan and every other one I forgot...
- vbagaria 3y agoOne has to try before failing