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VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

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Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#101

Post by mrtksn »

szmarczak wrote: post #98
mrtksn wrote: post #60

Earlier quoted context omitted.

> the founder launching AGI 9 months ago Yes, I want this too good to be true battery to be real and that's why I'm looking into such things but this claim is false. He apparently launched "Artificially Superintelligence", which appears to be a marketing term for some architecture this company was working on. The "AGI" term seems to come from people who are going after this CEO. I wasn't able to come up with people w…

Have you seen his comments on LinkedIn? Doesn't seem like the type of guy who's honest. He kept covering behind "send an rfq" or "sign an nda" or "we're a business not a newspaper" instead of proving anything. Also, here's some products that weren't delivered: - https://burstlive.io/ - https://stingbase.com/ - https://venturebonsai.com/ - https://shadowcapital.com/ - https://kaseygroup.com/ - https://www.definancetec…

Any examples of scammed people? lawsuits?

Failed startups aren’t scams by default. You need someone who not only lost their money but lost it because they were misled.

Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#103

Post by mrtksn »

szmarczak wrote: post #99
jusssi wrote: post #97

Earlier quoted context omitted.

Well, AppGyver was real. SAP bought it, it's now called SAP Build. Don't know how successful it was/is as a product though.

See my other comment [1]. There's dozen of failed products. That one AppGyver product is from 15 years ago. Since then, he hasn't created any other product. The motorcycle however is real. The battery may also be. The issue with Solid State Batteries is that it's almost impossible to scale them. The guy changes the industry he's in as often to match what's currently popular. [1] https://news.ycombinator.com/item?id=4…

Failed startup isn’t a scam, to be a scam it needs to be presented in a way that is designed to collect money but that money be used for something else.

Otherwise YC would have been scam center, very few of YC companies don’t fail.

Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#104

Post by mrtksn »

szmarczak wrote: post #64
mrtksn wrote: post #60

Earlier quoted context omitted.

> the founder launching AGI 9 months ago Yes, I want this too good to be true battery to be real and that's why I'm looking into such things but this claim is false. He apparently launched "Artificially Superintelligence", which appears to be a marketing term for some architecture this company was working on. The "AGI" term seems to come from people who are going after this CEO. I wasn't able to come up with people w…

I don't think you're going to see investors crashing out on the internet that they got scammed. The ASI video by the CEO shows exactly that he has no idea what's happening. Seems like an investor pitch scam. I wish that the battery was true tho. It's always amazing to see progress in the world.

scammed investors sue scammers all the times. I don’t know why you believe otherwise.

Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#105

Post by mrtksn »

szmarczak wrote: post #100
mrtksn wrote: post #83

Earlier quoted context omitted.

Obviously those who claim to be a scam have the burden of proof. Guilty until proven innocent is not a thing, it’s the other way around.

You have no idea how scams work, do you? Visit this website [1] by the CEO and tell me it's not a scam. Tell me there exists some magical algorithm, where I give you my money and you promise me to 2x it and give it back. Please do tell me that. [1] https://www.definancetechnologies.com/

I don’t think you understand how startups work.

In startups 2x isn’t enough, you usually expect 100x or 1000x returns. That’s the main idea behind investing: You give your money to someone who may have better use of it so you may get it back multiple but may also lose it.

As for the website you linked it appears to be promoting a trading bot and I don’t see any promise of guaranteed 2x returns, which would have been a scam. Maybe I missed it, can you point it out?

Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#106

Post by mrtksn »

szmarczak wrote: post #96
mrtksn wrote: post #60

Earlier quoted context omitted.

> the founder launching AGI 9 months ago Yes, I want this too good to be true battery to be real and that's why I'm looking into such things but this claim is false. He apparently launched "Artificially Superintelligence", which appears to be a marketing term for some architecture this company was working on. The "AGI" term seems to come from people who are going after this CEO. I wasn't able to come up with people w…

> I wasn't able to come up with people who claim that they were actually scammed, i.e. paid for a product that wasn't delivered or made an investment into something that doesn't exist. I'm gonna ask the other way around. Name one successful product by the CEO that has reached mass production and you can get it right now.

That’s ridiculous, neither making your first product nor failing is scamming.

In this particular case you can buy motorbikes and sport cars made using electric motors from the same company that makes this battery. So at least 1 real product that I know of.

Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#107

Post by mrtksn »

vardump wrote: post #102
mrtksn wrote: post #70

Earlier quoted context omitted.

According to whom?

AGI is human, general level. ASI is super human level. Says so in the acronym itself.

Completely false. There is nothing about humans in these acronyms.

Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#108

Post by szmarczak »

mrtksn wrote: post #101
szmarczak wrote: post #98

Earlier quoted context omitted.

Have you seen his comments on LinkedIn? Doesn't seem like the type of guy who's honest. He kept covering behind "send an rfq" or "sign an nda" or "we're a business not a newspaper" instead of proving anything. Also, here's some products that weren't delivered: - https://burstlive.io/ - https://stingbase.com/ - https://venturebonsai.com/ - https://shadowcapital.com/ - https://kaseygroup.com/ - https://www.definancetec…

Any examples of scammed people? lawsuits? Failed startups aren’t scams by default. You need someone who not only lost their money but lost it because they were misled.

I don't need a lawsuit to know that the latter is a Ponzi scheme. If you don't think so, feel free to try it out, not a financial advice tho.

Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#109

Post by mrtksn »

szmarczak wrote: post #108
mrtksn wrote: post #101

Earlier quoted context omitted.

Any examples of scammed people? lawsuits? Failed startups aren’t scams by default. You need someone who not only lost their money but lost it because they were misled.

I don't need a lawsuit to know that the latter is a Ponzi scheme. If you don't think so, feel free to try it out, not a financial advice tho.

You are free to have opinions

Re: VTT Test Donut Lab Battery Reaches 80% Charge in Under 10 Minutes [pdf]

#110

Post by szmarczak »

mrtksn wrote: post #106
szmarczak wrote: post #96

Earlier quoted context omitted.

> I wasn't able to come up with people who claim that they were actually scammed, i.e. paid for a product that wasn't delivered or made an investment into something that doesn't exist. I'm gonna ask the other way around. Name one successful product by the CEO that has reached mass production and you can get it right now.

That’s ridiculous, neither making your first product nor failing is scamming. In this particular case you can buy motorbikes and sport cars made using electric motors from the same company that makes this battery. So at least 1 real product that I know of.

You cannot buy them. Have you visited their website? The way this works, you pay a non-refundable fee. And if this motorcycle turns out to be real, then you get to pay the rest amount (or cancel and lose some money). Because they manufactured a few units doesn't mean it's scalable (or profitable).
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