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So, why hasn't anybody raised millions for a company making flying cars or other crazy but wonderful technology like that?
by S4M 11y ago
So, why hasn't anybody raised millions for a company making flying cars or other crazy but wonderful technology like that?
- fredkbloggs 11y agoBecause people have been trying to build flying cars for a long time, haven't really had any success, and in the process have exposed most of the problems with the concept. Since most people understand flying cars and have a pretty good idea as to why they can't be built, it's much more difficult to bamboozle someone out of money by telling him you're going to build a flying car. Things that either haven't been attempted (at least publicly) before and/or rely on physics or other underlying behavior that isn't widely understood have a much better chance of getting funded. It's just easier to snow someone with something they don't understand.
- ebbv 11y agoPeople have raised millions for flying cars. It continues to bilk credulous investors. But that one's been going on for 40+ years so at this point most investors are wise to it.