Re:The vertical farming bubble is finally popping
by lorepieri on Tuesday February 28, 2023 @04:54AM
(#34967554)
All of them going bust, as the economics are wildly off vs the status quo.
Re:The vertical farming bubble is finally popping
by thinkharderbro on Tuesday February 28, 2023 @04:41PM
(#34975255)
not all, some are geographically diversified and will continue to operate as long as the oil bucks from the middle east continue to flow
Is this just a normal bubble popping, where out of 20 companies trying, 18 go out of business but the final 2 succeed and take over the market and will produce a bunch of profit over the next couple of decades? And if so, do we have an idea which companies?
Or is the very premise economically flawed, where it turns out it can't be profitable ever, at least not with current energy and produce prices? And if so, how did these startups get their models so wrong -- what did we learn that couldn't be foreseen?