Re:Why Silicon Valley funds Instagrams, not Hyperloops
by marvin on Monday August 19, 2013 @02:07PM
(#6238666)
Do you have detailed knowledge of Tesla and SpaceX's funding history? It was my impression that these companies would never have happened if the initial investors didn't provide ~$100 million of capital themselves.
So it isn't fair to say that SV's venture capitalists were lining up to fund these types of companies, and it remains to be seen whether they will do so in the future.
So it isn't fair to say that SV's venture capitalists were lining up to fund these types of companies, and it remains to be seen whether they will do so in the future.