Re:Helion’s fusion power purchase agreement with Microsoft
by throwawaymaths on Wednesday May 10, 2023 @03:34PM
(#35892371)
> You can’t just hustle out of it. I’ve been laughing at the type of biotech companies that get funded by SV
Yes, SV funds incredibly stupid biotechs. It also passes over really good biotechs. I think it's because honest founders are likely to do good work, and won't pitch with a $$ ask that doesn't make sense, and SV equity raises don't make sense for such capital intensive activities.
Yes, SV funds incredibly stupid biotechs. It also passes over really good biotechs. I think it's because honest founders are likely to do good work, and won't pitch with a $$ ask that doesn't make sense, and SV equity raises don't make sense for such capital intensive activities.