Anybody new to the tech industry should carefully study that blog. It's far easy to spend years of your life on something that sounds good but couldn't possibly work.
Yuck. Seems like she thought that was going to be a laugh line.
I think about Warren Buffet's IBM investment. Anyone who talked to IBM engineers or perhaps read Robert Cringely's blog knew that IBM was facing a steep decline. However Warren Buffet applied the lens of finance to IBM's stock and it looked like a good deal. It wasn't.
Probably what is happening is that VCs/tech investors in general have had success in one area and then take it as a positive reinforcement of their own skills. Sometimes the investor is looking at other signals, which worked for them in another project. In this case, there was probably total ignorance of physics combined with the unwillingness to just ask some basic questions from people with knowledge in the area.
Perhaps the lesson for everyone is the VCs who did really well in the past decade or two -- if they fail to learn about the areas they are investing in -- may not be capable of distinguishing the next wave of great companies from intellectual fraud.
2) Does anyone know if she ever apologized for this awful speech? https://youtu.be/ukgnU2aXM2c?t=240
3) This uBeam shit is literally one of the reasons why I created a beginner's course in wireless power. It drives me nuts that investors have gotten ripped off so many times in this industry and the degree to which the media has been complicit in the hype train. If Mark Cuban or any other VCs happen to be reading this, please watch this course before putting any more money into wireless power. I created a coupon so you can watch it for free.
https://www.udemy.com/wireless-power-to-the-people-wireless-...