chromagnon

4 ms·

1.
by chromagnon 9y ago
The structure seems to be relying on bolts, plastic sheeting and foam for all of its strength. Even bolts are not usually considered structural elements, since the sheer strength of bolts is negligible - much less plastic or foam. The whole
2.
by chromagnon 9y ago
As I recall, she had a co-founder who built the tech, including the whole dorm room story. Holmes is the MBA part of the team.
3.
by chromagnon 9y ago
The whole 'coming out of nowhere' thing is another red flag. This idea that an undergraduate built revolutionary medical tech in their dorm room no less? Who invests in that? With no data, no trials, no feasibility study?
4.
by chromagnon 9y ago
I think you are actually agreeing with me to some extent, that SV is based (partly? Largely?) on funny money. I'm just pointing out that in addition to that, insider dealing and cooked books play a greater role in the funny money econo
5.
by chromagnon 9y ago
I'm not sure that's true. It's very easy to build a failed business, but to build an overly hyped failed business, you need a taste of success to point to as indicating you are on a rocket ship ride to trillion dollar valuati
6.
by chromagnon 9y ago
I bet there are many other boardrooms around Silicon Valley who are panicking over this. There's so much pressure to be immediately profitable and show predictable year over year growth. How many have faked user trials or cooked the bo
7.
by chromagnon 9y ago
Potential for XSS attacks is fairly large. Be careful out there.