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by ItsMe000001 2786 days ago
But they invest in businesses that each have a plan that you know has a chance to work. Big difference between investing into the completely unknown. Besides, his 9/10 is way too optimistic. For basic research it is more like zero chance of profit because - it's just basic research to understand the problem and play around. More like particle research using expensive accelerators, not research on how can we use lasers to accomplish xyz (now that we already have them and know their physics exactly).

Investors that invested into yet another Linux startup in the dot com boom had a high chance of failure - but those business all tried to be RedHat, not something completely unknown. And the subject of the business was an operating system, not something unknown. Your bet is on execution and the market, not on some yet unknown product.

1 comments

http://carbon.ycombinator.com/

> It's time to invest and avidly pursue a new wave of technological solutions to this problem - including those that are risky, unproven, even unlikely to work.

I don’t think you’ve really thought this argument through.

Can you please not resort to personal swipes? They degrade this place and evoke worse from others.

https://news.ycombinator.com/newsguidelines.html

Quoting a self-proclaimed mission statement as "proof" of anything, really?

And no, you did not think this through, or you are just grossly uninformed.

Example: https://youtu.be/ZTC_RxWN_xo

Private business only takes paths that are already visible. No investor spends money on the truly unknown.

You can downvote all you want as the small person you show yourself to be through it, facts will still remain facts not open to voting.

Please don't break the site guidelines even though someone else did. Users need to follow the rules here even when provoked.

https://news.ycombinator.com/newsguidelines.html

Edit: unfortunately it looks like you've frequently been uncivil in HN comments. We ban accounts that do that, so can you please review the guidelines and not do that anymore?

Could you please tell me what exactly is "uncivil" in my comment?

Oh and by he way, I could not care less about some stupid "ban". First, it's not like I need anything from you or this site, second, I don't think it works. Not that I would have any reason to try to create new accounts, because seriously, who cares, I just find it frustratingly silly - STUPID - that you threaten me with a ban.

Furthermore, I don't agree that I was uncivil, not now, not in the past.

Insults, accusations and a strident tone. Those are uncivil. In case you didn't know what that word means. See, I can do it too!