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A comment on China Has Whole Towns Focused on Making Electric Cars. Parent comment

Re:China Has Whole Towns Focused on Making Electric Cars by chvid on Monday June 03, 2019 @10:26AM (#20083388)
PS: If you wander around a Chinese city you will see plenty of products sold which seem more silly than a Juicero.
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Re:China Has Whole Towns Focused on Making Electric Cars by magduf on Monday June 03, 2019 @02:54PM (#20086812)
They probably didn't involve a huge amount of VC investment though.
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Re:China Has Whole Towns Focused on Making Electric Cars by AstralStorm on Monday June 03, 2019 @04:15PM (#20088075)
Indeed. These products need no R&D really and I consider VC funding them a variant scam, except with private funds.

However, try to VC say a factory manufacturing metal parts or plastics, nobody will say yes...

Heck, try making actual cars or even golf carts on VC money. VC funders are either interested in something completely not speculative and small (eg. EU VC scene) or total moonshots in badly understood markets where no actual R&D is required.

If the thing is very speculative research, most VC aren't interested.

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