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| Putting $10M into UBeam illustrates what is wrong with tech investing (lookatmeimdanny.tumblr.com) | ||
| recommended by 2 users | 2014 | 303 points by tacon | fundraising & equity | original thread | | ||
| 2 users recommended this thread. What they said: |
| minimaxir Oct 22, 2018 | on: UBeam CEO Meredith Perry steps aside amidst B2B pivot | context |
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tomasien May 18, 2015 | on: A Bitcoin miner in every hand | context
These comments remind me of the crapping-on uBeam took on HN after a few people decided, upon a cursory glance, that it was theoretically impossible and ridiculous. https://news.ycombinator.com/item?id=8542091 We still can't be 100% sure if it's ridiculous or not, but all signs are pointing to not. So assuming Balaji et al are acting in good faith and aren't scamming their investors (one of whom Balaji is a partner in so that would be weird) this is cool and I can't wait to see what it does and where it goes. |
| Also recommended by people who recommended this: | ||
| 1. | “I agree with what people have already said, but I think there's one more point to add:” (comment) | |
| recommended by 4 users | 2014 | scott_s on: An Update on HN Comments | original thread | | ||
Throwback to the original 2014 post Putting $10M into UBeam illustrates what is wrong with tech investing which pointed out the basic physics impossibilities: https://news.ycombinator.com/item?id=8542091