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Re:The dual PhD problem of today’s startups by Andyfilms on Wednesday August 19, 2020 @05:43PM (#24216998)
This, 100%. The author says how difficult it is for multidisciplinary teams to come together when they don't understand each others skillsets--but the same applies to the investors themselves. When you start talking about these complicated ideas, there comes a point where unless the investor is involved in the industry they're investing in, they simply won't understand the true impact of it.

My company is trying to raise capital now, and that is the exact problem we're running into.

There's a reason for the "janitor as a service" unoriginal ideas--because they're easy to understand, so more likely to be funded. Those kinds of investors are looking for the buzzwords, too, "as a service," "cloud," "social," "AI" that cut off ideas that aren't strictly consumer-facing and infinitely scalable. If you have a modest idea that requires a modest amount of money and targets a modest group of people, you're just not going to hear back from investors. This causes people to have to wrap their idea in buzzwords or lobotomize it into something that allows them to achieve their true goal in a sideways manner.

Re:The dual PhD problem of today’s startups by Igelau on Wednesday August 19, 2020 @07:12PM (#24217946)
> janitor as a service

Tired of trusting the flimsy log sheet on the door to know when your custodial staff last cleaned the bathroom?

We present: Toiletherium. A cryptocurrency-backed suite of apps and IoT devices that turns real cleaning into real consensus.

Our state of the art MopMine equation incorporates real sweat and toil recorded by SmartMops into mining the next block. Pit teams against teams with MopSync, or set individuals against each other... the freedom of choice is yours!

Re:The dual PhD problem of today’s startups by ryan_j_naughton on Wednesday August 19, 2020 @07:16PM (#24217968)
Brilliant. The dystopia we find ourselves in is palpable. Your language drives home the insanity of our times because not only is this product absurd but also believable.
Re:The dual PhD problem of today’s startups by wsinks on Wednesday August 19, 2020 @08:06PM (#24218378)
Yeah, that comment belongs on r/TIHI. Too close to home, too soon...
Re:The dual PhD problem of today’s startups by sushshshsh on Wednesday August 19, 2020 @07:27PM (#24218051)
When janitors are automated away by coronavirus, will we also need to teach the robots how to write on paper and read handwriting on paper?
Re:The dual PhD problem of today’s startups by thinkingkong on Wednesday August 19, 2020 @08:44PM (#24218654)
I present to you ‘Manna’ by Marshall Brain.

http://www.marshallbrain.com/manna1.htm

Re:The dual PhD problem of today’s startups by krageon on Thursday August 20, 2020 @06:52AM (#24221924)
I'm pretty sure you're joking but I'm almost certain I could sell this idea if I could keep a straight face through the sales pitch. You have talent :)
Re:The dual PhD problem of today’s startups by b4ke on Wednesday August 19, 2020 @07:41PM (#24218178)
Was this gpt-3???

I’ll see myself out. Lol

Re:The dual PhD problem of today’s startups by Igelau on Wednesday August 19, 2020 @08:15PM (#24218444)
There's probably a good German word for the sudden doubt in one's humanity you get when you unintentionally fail a Turing Test. It's like the feeling I get when motion-activated sinks don't see me.
Re:The dual PhD problem of today’s startups by throwaway8451 on Thursday August 20, 2020 @02:00AM (#24220348)
Two suggestions:

Menschlichkeitszweifel (Menschlichkeit = humaneness, Zweifel = doubt)

Turingzweifel (Zweifel = doubt)

Re:The dual PhD problem of today’s startups by james_s_tayler on Thursday August 20, 2020 @05:02AM (#24221322)
In 2017 that would have been the ICO to get in on. I can just see the geometric shapes spinning around on the marketing page.
Re:The dual PhD problem of today’s startups by op03 on Wednesday August 19, 2020 @08:45PM (#24218661)
This is describing just one painful route up the mountain.

There are other routes, which usually involve sucking it up, going and working at Wall St or SV for a couple years till you know the "right people" and they know/trust you. After that happens the type of conversations change drastically.

[dead]
Re:The dual PhD problem of today’s startups by adenta on Wednesday August 19, 2020 @11:53PM (#24219711)
What?
Re:The dual PhD problem of today’s startups by tortasaur on Thursday August 20, 2020 @12:04AM (#24219758)
Judging by the lack of coherency / relevance of the profile's other replies, I'm guessing it's a bot whose model someone's attempting to train on HN comments.
Re:The dual PhD problem of today’s startups by krageon on Thursday August 20, 2020 @06:51AM (#24221918)
A model that has coherency over multiple paragraphs? I don't think that's currently possible - but if I'm wrong about that I'd love a link to a study or a library if you have one. Natural language processing is something I'm very interested in.
Re:The dual PhD problem of today’s startups by ethanbond on Thursday August 20, 2020 @10:32AM (#24223670)
...did you miss the entire GPT3 hype wave?
Re:The dual PhD problem of today’s startups by krageon on Monday August 24, 2020 @05:59AM (#24259088)
Evidently :) Thanks!
Re:The dual PhD problem of today’s startups by an_opabinia on Thursday August 20, 2020 @03:09AM (#24220682)
> there comes a point where unless the investor is involved in the industry they're investing in, they simply won't understand the true impact of it.

Equity financing is a bad measuring stick for this. But really, when you're competing with, "Buy gold because it's shiny!" - that would have earned investors 26.6 percentage points liquid return YTD - can you really fault people for being skeptical of complex ideas as a class of investments?