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The startup raised $2.5M and immediately spent $1.8M of it on the domain name friend.com. That neatly sums up the priorities of many recent "AI" startups.
by cs702 2y ago
The startup raised $2.5M and immediately spent $1.8M of it on the domain name friend.com.
That neatly sums up the priorities of many recent "AI" startups.
- JohnFen 2y agoWow. That's a gigantic red flag for any startup, AI or otherwise.
- retrocryptid 2y agoMaybe they know someone who will pay $1.9M on the domain name?
- latexr 2y agoThat would be an insane strategy, risking almost 2M for a potential pay off of just over 12K (the amount they paid was $1,887,843). Either way, if that were the case they wouldn’t have announced the company with the name. Plus, from the article it’s clear there was no such strategy in mind.