4 ms·
As a founder of an auto(motive) startup, let me tell you that the things we'd do with x billion at this stage are not good. Some investment would be helpful (an
by DaniFong 18y ago
As a founder of an auto(motive) startup, let me tell you that the things we'd do with x billion at this stage are not good. Some investment would be helpful (and we're looking for it), but a government administered venture fund of those proportions would probably be a disaster; a distraction for the ages. Our contention is that the market has not yet fund the successor technology to gasoline yet, and giving existing solutions massive wads of cash will only reduce the speed that it will.
- aswanson 18y agoWhat is the timetable you envision for your product (or something like it) to be rolled out? What are the major impediments to your progress right now?
- DaniFong 18y agoThere are lots of little ones. One that the government could help to solve is that we want to hire an automotive engineer from Austria, but either have to wait until the H1B's refresh in April or wait for an immigration lawyer to work some magic. The other issues are mostly personal; we can't work as fast as we would like because one of us maintains a job, and that we don't have enough money to setup a lab. We'd need at least a couple hundred thousand for that, though we're looking for a larger investment (x million, not xy million) so we can bring on a few experts.