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760 points MindBreaker2605 | 1 comments | | HN request time: 0s | source
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mehulashah ◴[] No.45899804[source]
Most of the folks on this topic are focused on Meta and Yann’s departure. But, I’m seeing something different.

This is the weirdest technology market that I’ve seen. Researchers are getting rewarded with VC money to try what remains a science experiment. That used to be a bad word and now that gets rewarded with billions of dollars in valuation.

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baxtr ◴[] No.45900521[source]
I personally see this as a positive trend. VC in its earliest form was concerned with experiments that had high technology risk. I am thinking of companies like Genentech and scientists like biochemist Herbert Boyer, who had pioneered recombinant DNA technology.

After that, VC had become more like PE, investing in stuff that was working already but needed money to scale.

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1. causal ◴[] No.45900820[source]
Yeah there has been some lamenting at all the money being thrown at technology hasn't been for anything truly game changing, basically just variations of full stack apps. A few failed mooonshots might be more interesting at least.