this post was submitted on 01 May 2024
461 points (95.5% liked)
Technology
59219 readers
3235 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
VCs will just follow the hype of the day and invest in anything that spouts the right buzzwords. But they're aware of course, that most of those will fail. It takes just one out of ten to make it for it to be worthwhile.
If they weeded out some of the shittier ideas they'd be one in nine or eight.
I've met them they seriously don't think like that. They have so much money that they can afford to be completely irresponsible with it. From that standpoint it is easier to just throw money at the wall and see what sticks and go through the effort of actually working it out.