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Plowing $150M into a car company before making a sale isn't remotely reasonable. Why not? After all, it resulted in Tesla.
by sillysaurus3 13y ago
Plowing $150M into a car company before making a sale isn't remotely reasonable.
Why not? After all, it resulted in Tesla.
- snowwrestler 13y agoTrue, but Fisker took more than that, and then went bankrupt. Car companies can fail like any other startup. Tesla itself very nearly failed.
- prawn 13y agoYC and VCs are used to that. Not every investment is made assuming it will be a homerun.