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What Happened to the Future?

foundersfund.com

21–30 of 113 posts

Re: What Happened to the Future?

#21

It's a good essay. The only problem is that it's Peter Thiel behind it. The problem isn't just that "we got 140 characters." The problem is that Peter Thiel asked for it by investing in and therefore promulgating Mark Zuckerberg's vision of ubiquitous irrelevance. I think he's right that VC is destroying itself by investing in what I have often referred to as trivial nonsense, but he and his firm are part of the prob…

This is a really honest question, what are you trying to do?

Re: What Happened to the Future?

#23
What happened to HTML? If this were formatted with web standards, I could resize the fonts, scroll with my browser's built-in preferred scrolling mechanisms that aren't chunky, laggy, and painful, and I could actually read it. I'm not the only one to comment on this, but apparently whoever did this page is dense enough about web standards that the point needs to be repeated. How do you run a VC and not get this? My opinion of Founders Fund has gone down.

Re: What Happened to the Future?

#24

It's a good essay. The only problem is that it's Peter Thiel behind it. The problem isn't just that "we got 140 characters." The problem is that Peter Thiel asked for it by investing in and therefore promulgating Mark Zuckerberg's vision of ubiquitous irrelevance. I think he's right that VC is destroying itself by investing in what I have often referred to as trivial nonsense, but he and his firm are part of the prob…

This is a really honest question, what are you trying to do?

According to their last statement:

  So, we will continue to invest in very talented entrepreneurs 
  who are pursuing ambitious, challenging tasks. We will treat them
  with respect and hope for the best.
Basically they're looking for social-mobile-local marketing companies that target the robotics and biotech industries.

Re: What Happened to the Future?

#25
post #23

What happened to HTML? If this were formatted with web standards, I could resize the fonts, scroll with my browser's built-in preferred scrolling mechanisms that aren't chunky, laggy, and painful, and I could actually read it. I'm not the only one to comment on this, but apparently whoever did this page is dense enough about web standards that the point needs to be repeated. How do you run a VC and not get this? My o…

Click link, see blank page, unblock Flash applet, struggle through reading a single paragraph with eye-gougingly atrocious font and mouse-crushingly stupid scroll functionality... then my head simply explodes from the irony of what I am experiencing and what I am reading. Close window.

Re: What Happened to the Future?

#26
the human race will get the flying car and the fusion when it is ready for it ( technologically these innovations, at the level of successful prototypes have existed for last 50 years). What would we do with such technology if it was in widespread use today? Flying car - sprawl development even further. Fusion - com'n, are we ready for a wide availability of a high flux high energy neutron generating devices? We are still can't control ourselves when it comes to the dynamite and the similar levels of energy, and it becomes hysterical paroxysm when the fission levels of energy come into play.

The primitive steam based engine was discovered by ancient Greeks and technologically they could improve upon it further. Their slave based society wasn't ready for it.

Like Greeks and steam power, today we have the primitive access to space - and surprise!, instead of actively working upon improving it, pouring all our resources into it, we're still discussing whether it has economical reasons, and like in case of Greeks, we can't find much of such economical reasons for it.

Re: What Happened to the Future?

#27

It's a good essay. The only problem is that it's Peter Thiel behind it. The problem isn't just that "we got 140 characters." The problem is that Peter Thiel asked for it by investing in and therefore promulgating Mark Zuckerberg's vision of ubiquitous irrelevance. I think he's right that VC is destroying itself by investing in what I have often referred to as trivial nonsense, but he and his firm are part of the prob…

Most of their consumer Internet portfolio companies have paypal mafia founders, or are otherwise personally connected to founders fund.

Re: What Happened to the Future?

#28
post #24

Earlier quoted context omitted.

This is a really honest question, what are you trying to do?

According to their last statement: So, we will continue to invest in very talented entrepreneurs who are pursuing ambitious, challenging tasks. We will treat them with respect and hope for the best. Basically they're looking for social-mobile-local marketing companies that target the robotics and biotech industries.

How can you make such an assumption with so little data? It might be that you've met people from this fund and you know something I don't, but until then your statement sounds a wee bit unqualified. It's hard to swallow that given they have invested in,

> SpaceX ( http://www.youtube.com/watch?v=WTFlFFrfEB0&feature=youtu... )

> Halcyon Molecular ( http://www.genomeweb.com/sequencing/halcyon-molecular-develo... )

> Palantir

> Pathway Genomics ( http://www.crunchbase.com/company/pathway-genomics )

> Gene Security Network ( http://www.crunchbase.com/company/gene-security-network )

> CDD ( http://www.crunchbase.com/company/collaborative-drug-discove... )

> ImmunePath ( www.immunepath.com/ )

> RoboTex ( http://www.robotex.us/ )

> SmartDrive ( http://www.crunchbase.com/company/smartdrive-systems )

> Navia ( http://www.crunchbase.com/company/navia-systems )

That doesn't sound like a social-mobile-local marketing companies portfolio to me, and yes I've seen their investments in companies such as Yammer, RapLeaf, but clearly they aren't their entire portfolio and they have taken a series of really impressive long term bets.

Re: What Happened to the Future?

#30
post #23

What happened to HTML? If this were formatted with web standards, I could resize the fonts, scroll with my browser's built-in preferred scrolling mechanisms that aren't chunky, laggy, and painful, and I could actually read it. I'm not the only one to comment on this, but apparently whoever did this page is dense enough about web standards that the point needs to be repeated. How do you run a VC and not get this? My o…

No kidding! The best part is, it's all so unnecessary! When I saw the blank page, I decided to have a peek at the source, an lo and behold, there's the essay! Copy it to a text editor, turn on dynamic word wrap, and... enjoy?
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