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by antonvs
56 days ago
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Helios? Altman? I think you mean Helion, the fusion company, not Helios (quantum computers). Either way, that’s a pretty hilarious example to use when you’re criticizing VC foolishness. Anyone doing due diligence wouldn’t go near those companies. Spoiler alert: commercial fusion power may not be practical at all, but if it is, the timescales to delivery are measured in numbers closer to centuries than decades. Don’t fall for the hype generated to sucker those VCs you’re talking about. |
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I actually don't care that much about the specifics, just the general direction: pumping money into developing technology that doesn't exist, instead of looking to flip yet another software startup where GitHub stars would matter.