|
|
|
|
|
by macspoofing
3375 days ago
|
|
>A new start-up says that it intends to offer an electric-powered commercial flight from London to Paris in 10 years. There is no way a startup without any experience in aviation will design, build, certify and sell a commercial 150-seat airplane in 10 years. Not even mention the immense R&D groundwork required to even prove the concept of using batteries to power short haul flights. Why do they put out bullshit like this? It just hurts their credibility. |
|
Uber is a company that has a 60 Billion dollar valuation contingent on the idea that it will somehow both develop driverless cars, and maintain a monopoly on them (dispite having zero expertise in this area whatsoever, and competing against entire industries that do) before they run out of money losing 2 Billion+ a year.
Theranos had promises of technology that was not physically possible, and they knew it. Yet the billions still poured in.
Magical thinking is powerful.