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SF tech startup Humane that raised $230M shuts down after horrendous reviews
- duxup 2y agoI'm confused as to how they raised the money, what did investors ever SEE? Every description by people using the product, at best, a very awkward device with limitations that made you wonder if it was of any value... Were these guys just the first in on the "AI but a device" kind of thing and everyone rushed to them?
- colesantiago 2y ago> I'm confused as to how they raised the money, what did investors ever SEE? This makes me question the VCs of today. Do they just fund anything? I thought VCs were rigorous, through and ruthless, need a business plan that makes sense and some would only fund you if you've already have outrageous revenue and are growing. Do I just walk to a VC and say "AI" with questionable charts and they would fund me? Should I try that?
- Cheyana 2y agoYes please do. It’s what many of us have been thinking too. Try it and report back.
- duxup 2y agoI suspect like hiring, there’s all these side requirements / nit picks that apply to everyone…. but the moment personal connections and some imagination about product fit come into play everything else is out the window.