Re:Hard Startups
by scottlocklin on Wednesday February 26, 2020 @07:56PM
(#22429294)
> The problem with startups building hard tech is it takes a long time to fail
No, not really: you know pretty much from the outset if a venture will fail because nobody knows how to do it. Altman has staked his career on an idea that is guaranteed to fail, for example. There is no step-1 towards a definable goal. Not even sure there is a real goal!
There is no example of a "hard startup" like this in the history of the human race. Only silly con valley hubris could imagine a different outcome than total failure. This sort of thing is what governments are for.
No, not really: you know pretty much from the outset if a venture will fail because nobody knows how to do it. Altman has staked his career on an idea that is guaranteed to fail, for example. There is no step-1 towards a definable goal. Not even sure there is a real goal!
There is no example of a "hard startup" like this in the history of the human race. Only silly con valley hubris could imagine a different outcome than total failure. This sort of thing is what governments are for.