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How much money we can raise for transparently idiotic startups?

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Re: How much money we can raise for transparently idiotic startups?

#61

The important thing to understand here is that you shouldn't write on a latex balloon with a Sharpie. It works well for a while, but when the balloon inevitably pops or deflates, the Sharpie ink will re-liquify and get all over the place. Then you will learn the meaning of the phrase "indelible on porous surfaces".

Everything you just wrote has made me understand that I should write on a balloon with a Sharpie. This sounds fun. Thanks.

Except the balloon is a metaphor and the ink is hubris.

Re: How much money we can raise for transparently idiotic startups?

#62
post #21

It's not just AI startups. It's almost all of them. The startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness. Self-driving cars, VR, EVs, AI, and so on. People soon realize that you can't just take a bunch of hipster tech employees and suddenly create non-solutions that need to have problems created for them to even be solutions, much less choosing extreme…

Idk there are some truly incredible VR setups now for sim games that I am having a blast with. More of this please

Re: How much money we can raise for transparently idiotic startups?

#63
post #39

Earlier quoted context omitted.

> startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness But we retain the solutions that work. A slime mold tries a bunch of useless paths in a maze before it finds the right one. Then it trims and reinforces. Most start-ups failing isn't a sure sign of wasted work.

What startups have provided lasting real solutions and value, not just capitalistic, in say the last decade?

solutions and value inherently become capitalistic. Can you quantify what you mean by "provided value"?

Re: How much money we can raise for transparently idiotic startups?

#64
post #21

It's not just AI startups. It's almost all of them. The startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness. Self-driving cars, VR, EVs, AI, and so on. People soon realize that you can't just take a bunch of hipster tech employees and suddenly create non-solutions that need to have problems created for them to even be solutions, much less choosing extreme…

Nothing proved the emperor has no clothes better than the crypto trend.

if anything, crypto seems to have proven that the emperor is happy in his nudity.

Re: How much money we can raise for transparently idiotic startups?

#65
post #39

Earlier quoted context omitted.

What startups have provided lasting real solutions and value, not just capitalistic, in say the last decade?

> What startups have provided lasting real solutions and value, not just capitalistic, in say the last decade Deel, Rippling, Redwood Materials, Convoy, Airtable, Anduril, Cerebral, Checkr and Cerebras were all founded since 2014. Pick one. We're currently seeing an explosion in creativity around satellites, autonomous vehicles (on the road, indoors and airborne), generative AI and biotechnology. Go back one more cyc…

Deel provides a solution to workers having too much time and patience, and the value of giving nice chunk of each salary for the pleasure of making payroll suck with some AI smeared on top.

Re: How much money we can raise for transparently idiotic startups?

#66
post #39

Earlier quoted context omitted.

What startups have provided lasting real solutions and value, not just capitalistic, in say the last decade?

solutions and value inherently become capitalistic. Can you quantify what you mean by "provided value"?

> Can you quantify what you mean by "provided value"?

I took it to mean ignoring companies in sales & marketing or FIRE (finance, insurance, real estate), as well as focussing on the effects of a company's products and services versus their valuation.

Re: How much money we can raise for transparently idiotic startups?

#67
post #65

Earlier quoted context omitted.

> What startups have provided lasting real solutions and value, not just capitalistic, in say the last decade Deel, Rippling, Redwood Materials, Convoy, Airtable, Anduril, Cerebral, Checkr and Cerebras were all founded since 2014. Pick one. We're currently seeing an explosion in creativity around satellites, autonomous vehicles (on the road, indoors and airborne), generative AI and biotechnology. Go back one more cyc…

Deel provides a solution to workers having too much time and patience, and the value of giving nice chunk of each salary for the pleasure of making payroll suck with some AI smeared on top.

> Deel provides a solution to workers having too much time and patience

Their innovation was abstracting away the complexity of cross-border hiring. Their impact is meaningful to the degree employment is.

Re: How much money we can raise for transparently idiotic startups?

#68

Earlier quoted context omitted.

And how many of these companies' customers are just other VC funded startups burning money and buying services adjacent to their own? Like a bigger circle.

yes that’s the real bubble here. it’s practically a pyramid scheme owned by the hyperscalers.

Welcome to the New Old Kingdom

Re: How much money we can raise for transparently idiotic startups?

#69
post #40

Earlier quoted context omitted.

You can save minutes of talking to folks through Months of work and tens of thousands of people-hours building something people don't want or need. You can save months of research by spending years of work and hundreds of thousands of people-hours building something that doesn't work.

> You can save minutes of talking to folks You're describing focus groups. They have a mixed history in product development.

I think they're probably talking about something closer to lean startup methodology.
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