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Re:New airplane seat design to make it easier to sleep in ec... by walrus01 on Tuesday December 10, 2019 @02:39AM (#21750467)
I'm sure somewhere on Earth right now there is already a startup based on block chain storage of convolutional neural network learning face recognition.
Re:New airplane seat design to make it easier to sleep in ec... by headmelted on Tuesday December 10, 2019 @05:26AM (#21751275)
Check out this antiquated walrus over here, talking about Blockchain convolutional neural networks like it’s November 2019.

Here in the present we’re doing our neural networks with non-quantum simulated quantum networks that definitely don’t not not work.

Re:New airplane seat design to make it easier to sleep in ec... by jchw on Tuesday December 10, 2019 @04:44AM (#21751070)
I don’t suspect this is true, as VCs would quickly go bankrupt investing enormous amounts of money into such a startup
Re:New airplane seat design to make it easier to sleep in ec... by jacquesm on Tuesday December 10, 2019 @06:23AM (#21751503)
VC returns are not what you think they are. There is a lot of dumb money floating around and the long term returns of quite a few funds are much lower than what you might think. A couple of funds outperform the remainder quite handily which results in an average that looks acceptable but quite a few people lost a lot of $ on becoming an LP of a badly managed fund.

That won't stop the fund managers from making out like bandits, the carry may be nil but the management fees will more than make up for that. Beware of investing in funds where the fund managers do not have substantial skin in the game.

Re:New airplane seat design to make it easier to sleep in ec... by coldpie on Tuesday December 10, 2019 @08:20AM (#21752158)
> There is a lot of dumb money floating around

I like to refer to funding and acquisitions in terms of Juiceros, equivalent to $120M. Instagram was purchased for about 8.3 Juiceros.

Re:New airplane seat design to make it easier to sleep in ec... by theandrewbailey on Tuesday December 10, 2019 @08:37AM (#21752271)
I do the same, but I measure in terms of Instagrams. I might take your idea for sub-Instagram units, though measuring by units of $120 million adds more overhead than units of $1 billion.
Re:New airplane seat design to make it easier to sleep in ec... by jacquesm on Tuesday December 10, 2019 @08:22AM (#21752171)
Hehe, that's funny. I may adopt that, but at the level that I'm investing I'll have to use uJuiceros or there will be way too many zeros.
Re:New airplane seat design to make it easier to sleep in ec... by tsimionescu on Tuesday December 10, 2019 @04:34AM (#21751022)
Surely such a thing would exist not on Earth, but in the Cloud.