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765 points MindBreaker2605 | 1 comments | | HN request time: 0.352s | 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. Sanzig ◴[] No.45902058[source]
I agree, if anything spending money on high technology risk is Silicon Valley going back to its roots.

Nobody had a way to do silicon transistor manufacturing at scale until the traitorous eight flipped Shockley the bird and took a $1.4M seed investment from Sherman Fairchild.

Big bets on uncertain technology is what tech is supposed to be about.