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I think they saw Google's decision to defund Makani as a sign that kite power wasn't viable. We certainly weren't in the same league as Makani - their "kite" w

I think they saw Google's decision to defund Makani as a sign that kite power wasn't viable. We certainly weren't in the same league as Makani - their "kite" was essentially a largish 4prop airplane. Google must've spent in the several hundreds of millions on that project. Our prototype kites had a ~8' wingspan and we were operating on a shoestring budget.

ClumsyPilot 3y ago
> I think they saw Google's decision to defund Makani as a sign that kite power wasn't viable I am very disillusioned with VCs in general. They aren’t as clever as they make out to be - they have herd mentality, they allow themselves to be bamboozeled and sometimes they outright don’t do their homework and invest in Theranos Really it’s more poker than science