Risky businesses are risky.
How has Boring Company failed? They've successfully opened the Vegas loop, have a pitch to open a similar project in (I believe) Miami? And now they're looking at building a Hyperloop 'in the coming years'.
Like who are you convincing with this nonsense?
It literally takes 5s of googling to show that you are totally full of shit.
Boring Company just raised 600$+ million $. And is hiring lots of new engineers. They have multiple projects in the pipeline.
So we have a company that is growing and has costumers in the pipeline. Their first costumer is so happy that they want to extend the system considerably.
But that I guess is not enough either?
What more do you want other then happy costumers, new costumers and the ability to raise money on the bases of those things?
This is a company that builds actual machines. They make their own tunnel boring equipment. That is a capital intensive businesses not a software startup. They need to raise money to expand production.
And both failed.