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I've worked in many an ag company: All the ideas Sensei supposedly has are in in way innovative: places like Monsanto/Bayer had been trying to do work in those
by hibikir 2y ago
I've worked in many an ag company: All the ideas Sensei supposedly has are in in way innovative: places like Monsanto/Bayer had been trying to do work in those directions a decade ago, and it's not as if they were short of people that understand agriculture. But as far as I am aware, most of the efforts in those companies have been scaled back.
The fact of the matter is that agriculture startups have as nasty a failure rate as most other kinds of startups, but they take far longer, and far more money, until we reach the point that it's clear that they've reach said terminal state. I could name a couple that have been running for 6+ years with no revenue, and where insiders claim there's minimal prospects of the effort going anywhere, but there are some VCs that are happy keeping said 100+ employee startups running with no output anyway.