Airware is shutting down after raising $118M

Re:Airware is shutting down after raising $118M by ddtaylor on Friday September 14, 2018 @06:26PM (#17991568)

How do companies raise $10M+ without having a product ready to use? (Real question I run a startup that needs funding)

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Re:Airware is shutting down after raising $118M by anonairwavedev on Friday September 14, 2018 @06:44PM (#17991697)

We actually did have something at that point -- it was based on existing hardware and it did work. I seem to recall the original CEO taking I think someone from A16Z (?) out to a parking lot and flying an aircraft around as a demo

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Re:Airware is shutting down after raising $118M by gonational on Friday September 14, 2018 @06:36PM (#17991629)

Please when you find this out let me know as well, as I am also in the market for some free money.

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Re:Airware is shutting down after raising $118M by quickthrower2 on Friday September 14, 2018 @06:39PM (#17991659)

You need to cast the magic spell. The following spells work well:

"Drone"

"AI"

"Blockchain"

etc.

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Re:Airware is shutting down after raising $118M by notJim on Friday September 14, 2018 @06:48PM (#17991713)

Also VR or even better, AR!

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Re:Airware is shutting down after raising $118M by rasz on Saturday September 15, 2018 @07:10AM (#17993836)

Its all about who you know and how shiny can you look to the outsiders (founders being MIT grads etc).

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