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> When is the last time that you saw a successful hardware startup that did something nontrivial (a la Intel)? Define 'nontrivial'. I'd call Tesla and SpaceX n
by this_user 12y ago
> When is the last time that you saw a successful hardware startup that did something nontrivial (a la Intel)?
Define 'nontrivial'. I'd call Tesla and SpaceX nontrivial. Or what kind of hardware are you talking about? Maybe take a look here: https://angel.co/hardware https://angel.co/hardware
> All of the shifting money between hands on Wall Street is sucking the air out of our industries.
That's the very definition of a false cause and it's also so woolly that is barely means anything. Which money is "shifting hands on Wall Street" and what is is that even supposed to mean? Of course money is being transferred, that's the very idea of a financial system. And how does this "suck the air out" of anything? Banks are not the ones who would rather fund your photo sharing app than the next Intel. If you want to go down that route, blame the Angels/VCs who are the driving force behind what is getting funded. Or blame the people who are more interested in reading about/working on the latest flavour-of-the-month Javascript framework instead of actually tackling the hard(ware) problems. Wall St. are not the ones behind the wheel when it comes to determining which new ideas get attention.
- nitrogen 12y agoElon Musk nearly bankrupted himself funding SpaceX and Tesla.