Re:Talent is everywhere, opportunity is not
by eaenki on Saturday September 21, 2019 @09:54AM
(#21035388)
Yes. Just like that. And Google and Boston Dynamics came out of it. That’s amazing. Now what if the budget could be $30B a year, $1-3MM instead of $100K (which might have been suitable in 1997, certainly not today) and take 2 months instead of a year (or whatever it takes)? :)
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Re:Talent is everywhere, opportunity is not
by kortilla on Saturday September 21, 2019 @10:13AM
(#21035482)
You don’t need $1m to see if an idea is feasible. Budget isn’t the issue for those programs, it’s getting enough applicants with ideas that are even reasonable in the first place.
Re:Talent is everywhere, opportunity is not
by eaenki on Saturday September 21, 2019 @10:34AM
(#21035605)
Oh yes, you do, in the current envoirement. You compete for the same attention from retail consumers and enterprises. The price to reach said consumer gets ever higher + the usual monetary inflation. That's why every company is raising $1MM+ in seed nowdays while decent ones are raising $3MM+.
Also, most of the times far fetched things require a lot of time and money by it's own virtue because they're hardware and require long basic research. See for example as of recently: BOOM.
We're not talking about seeing if there's demand for a piece of software.
Re:Talent is everywhere, opportunity is not
by vageli on Saturday September 21, 2019 @11:23AM
(#21035882)
> Oh yes, you do, in the current envoirement. You compete for the same attention from retail consumers and enterprises. The price to reach said consumer gets ever higher + the usual monetary inflation. That's why every company is raising $1MM+ in seed nowdays while decent ones are raising $3MM+.
Why do you have to reach consumers at the ideation stage if
> We're not talking about seeing if there's demand for a piece of software.
?