> I'm confused as to how they raised the money, what did investors ever SEE?
This makes me question the VCs of today.
Do they just fund anything?
I thought VCs were rigorous, through and ruthless, need a business plan that makes sense and some would only fund you if you've already have outrageous revenue and are growing.
Do I just walk to a VC and say "AI" with questionable charts and they would fund me? Should I try that?
I suspect like hiring, there’s all these side requirements / nit picks that apply to everyone…. but the moment personal connections and some imagination about product fit come into play everything else is out the window.
I'm confused as to how they raised the money, what did investors ever SEE?
Every description by people using the product, at best, a very awkward device with limitations that made you wonder if it was of any value...
Were these guys just the first in on the "AI but a device" kind of thing and everyone rushed to them?
> I'm confused as to how they raised the money, what did investors ever SEE?
This makes me question the VCs of today.
Do they just fund anything?
I thought VCs were rigorous, through and ruthless, need a business plan that makes sense and some would only fund you if you've already have outrageous revenue and are growing.
Do I just walk to a VC and say "AI" with questionable charts and they would fund me? Should I try that?
I suspect like hiring, there’s all these side requirements / nit picks that apply to everyone…. but the moment personal connections and some imagination about product fit come into play everything else is out the window.
Yes please do. It’s what many of us have been thinking too. Try it and report back.