Marcel Waldvogel on Nostr: In a #WashingtonPost interview this week, npub1ynlz3…9873s explains the ...
In a #WashingtonPost interview this week, npub1ynlz3qpjg3zsmskuy80hmy6vgv5kht4kugld9mvd36fxuy8kgm9qf9873s (npub1ynl…873s) explains the relationship between #VentureCapital #VC and #Hype:
«VC's require hype to get a return on investment because they need an IPO or an acquisition […] You don't get rich by the technology working, you get rich by people believing it works long enough that one of those two things gets you some money.»
Quote starts at 17:35; entire statement on #AI hype at 14:02
https://www.washingtonpost.com/washington-post-live/2023/10/26/lessons-last-decade/
h/t npub1gwgkslckhgva7g4ypzf25zrdnrpygzfz8zx2mdh48jnf5vem6vnq42zrmy (npub1gwg…zrmy) and #WaPoLive on #Twitter
«VC's require hype to get a return on investment because they need an IPO or an acquisition […] You don't get rich by the technology working, you get rich by people believing it works long enough that one of those two things gets you some money.»
Quote starts at 17:35; entire statement on #AI hype at 14:02
https://www.washingtonpost.com/washington-post-live/2023/10/26/lessons-last-decade/
h/t npub1gwgkslckhgva7g4ypzf25zrdnrpygzfz8zx2mdh48jnf5vem6vnq42zrmy (npub1gwg…zrmy) and #WaPoLive on #Twitter