Technology

59710 readers

5629 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

407

Humane AI Pin is a disaster: Founders already want to sell the company (arstechnica.com)

submitted 6 months ago by gedaliyah to c/technology

85 comments fedilink hide all child comments

Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is "seeking a price of between $750 million and $1 billion in a sale."

you are viewing a single comment's thread
view the rest of the comments

[–] wirehead 31 points 6 months ago (1 children)

It's important to realize that the nerd you saw on the news has always been someone wearing nerd as a costume and the entire history of technology is loaded with examples of the real nerd being marginalized. It's just that in ages past the VC's would give a smaller amount of money and require the startup to go through concrete milestones to unlock all of it so there was more of a chance for the founder's dreams to smack up against reality before they were $230m in the hole with no product worth selling.

[–] [email protected] 4 points 6 months ago (1 children)

20 years ago, the big question VCs were asking their startups was, "How do we convince Microsoft to buy this company?" Simpler times, back then.

[–] [email protected] 7 points 6 months ago

10 years ago it was "how do we convince Google to buy this company?"