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Barns@lemmy.world to Technology@lemmy.worldEnglish · 2 years ago

‘It’s An Embarrassment’: The Downfall Of A $2 Billion SoftBank-Backed Smart Window Company

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‘It’s An Embarrassment’: The Downfall Of A $2 Billion SoftBank-Backed Smart Window Company

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Barns@lemmy.world to Technology@lemmy.worldEnglish · 2 years ago
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View Inc. raised billions promising tint-shifting windows that saved energy costs. Now investors question whether it should have gone public
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  • rm_dash_r_star@lemm.ee
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    2 years ago

    A tech company raising 2B on vaporware, that never happens (wikipedia.org/wiki/Theranos). It amazes me these venture capitalists are willing to throw money around the way they do, it’s like they froth at the mouth over any promise of the next great gadget. These guys are really easy to sucker, but it’s like a Ponzi scheme. The house of cards will fall and they’ll call fraud at some point.

    • RGB3x3@lemmy.world
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      2 years ago

      How is wikipedia vaporware?

      • rm_dash_r_star@lemm.ee
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        2 years ago

        Are links not working right? The example was Theranos; https://en.wikipedia.org/wiki/Theranos

        • RGB3x3@lemmy.world
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          2 years ago

          Oh, it isn’t showing up as a link in your original comment (in Connect for lemmy).

          So I thought you were lumping in Wikipedia.org, the wiki communities, and Theranos together. Which of course sounds weird

  • Meow.tar.gz@lemmy.goblackcat.com
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    2 years ago

    Every time capitalism has an epic fail I smile and party like it’s 1999.

    • SJ_Zero@lemmy.fbxl.net
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      2 years ago

      Failure is a feature, not a bug.

  • Thagthebarbarian@lemmy.world
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    2 years ago

    Softbank doesn’t seem to be having many hits recently

  • angrymouse@lemmy.world
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    2 years ago

    URL not working for me

    • Barns@lemmy.worldOP
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      2 years ago

      I tried now and it works, you can try the non archive link at https://www.forbes.com/sites/davidjeans/2023/07/10/view-smart-glass-softbank/?sh=5b4d3fd4702f

      • angrymouse@lemmy.world
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        2 years ago

        The web archive started working, but thanks for the link

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