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In that case maybe VCs should stop investing in the next Facebook and instead look at earthquake-proof building technology. Clearly there's a market for it.
by wes-exp 14y ago
In that case maybe VCs should stop investing in the next Facebook and instead look at earthquake-proof building technology. Clearly there's a market for it.
- nemothekid 14y agoI absolutely love this logic. If VCs would just invest in it, then they would magically appear! Maybe VCs should stop investing in the next facebook and instead look at cancer curing technology. With the high insurance premiums there's clearly a market for it. And since VCs are the only people with money its obvious that no one else is funding/researching cancer medicine! I really hate this thinking, do you really believe that earthquakes is such a trivial issue that no one is working on it? What the hell do you think the architects/structural engineers are doing at MIT/Berkeley/every university on the planet? They aren't trying to build Instagram for Skyscrapers, I'll tell you that much.
- rdouble 14y agoEarthquake proofing technology exists, it just makes building more expensive. I probably shouldn't have mentioned it. It seemed too vague to just say "it's a pain in the ass and too expensive," even though that is what new construction in the Bay Area boils down to.
- wes-exp 14y agoExcellent point. I suppose I'm just frustrated that the current entrepreneurial hype seems to be overweighted towards time-wasting tools vs. stuff that could really advance society.