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.”

    • kat_angstrom@lemmy.world
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      5 months ago

      Nerds still are smarter than us.

      Unfortunately a cult of managers has arisen to rule over the nerds and they hype with an iron fist.

    • wirehead@lemmy.world
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      5 months ago

      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.

      • sundray@lemmus.org
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        5 months ago

        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.

        • erwan@lemmy.ml
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          5 months ago

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