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this post was submitted on 14 Jul 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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I’m severely backlogged on catching up to things but my (total and complete) guess would be something like: all the recent headlines about funding and commitments are almost certainly imprecise in localisation and duration - everyone that “got money” didn’t necessarily get “money” but instead commitments to funding, and “everyone” is a much smaller set of entities that don’t encompass a really wide gallery of entities
So for all the previously-extant promptfondlers/ model dilettantes/etc out there, the writing may indeed have been (and may still be) on the wall ito runway (“startup operating capital remaining available and viable to avoid death”)
Based on the kind of headlines seen (and presuming the above supposition for the sake of argument), and the kind of utterly milquetoast garbage all the interceding months have produced, I don’t think it’s likely that much of the promised money will make it through to this layer/lot either. But that’s entirely a guess at this stage (and I can think of some fairly hefty counter-argument examples that may contribute to countering, not least because of how many people/orgs wouldn’t want to be losing face to fucking this up)