What I find amazing is that it doesn't look like a superpower to see that some Startup makes no sense at all... and don't really bring any "revolution" to some market, and yet they seem to have no problem getting funding and to carry on with their non-sense.
The most classical example I can think of is Juicero (remember that one?) - it's not rocket science to figure out it that as an investor, it's not very clever to put your money there.
I wonder why VCs and stuff make these dumb decisions, that even without any sort of "market research" it's obvious it is pure BS, and yet there seems to be no shortage of idiotic ideas getting funding.
The most classical example I can think of is Juicero (remember that one?) - it's not rocket science to figure out it that as an investor, it's not very clever to put your money there.
I wonder why VCs and stuff make these dumb decisions, that even without any sort of "market research" it's obvious it is pure BS, and yet there seems to be no shortage of idiotic ideas getting funding.