this post was submitted on 12 Dec 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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"Friedrich argued that investor buy-in was the de facto proof that cultivated meat has legs. Major meatpackers, prominent venture capital firms, the government of Singapore: You could trust that these stakeholders had done their due diligence, and they wanted in."
Ow god it is a scam. This was a reaction to researchers saying "we dont see it".
Investors as a general class are usually pretty terrible at staying in their lane and not listening when actual subject matter experts disagree with the guy with a good story. I think the only reason they have any reputation otherwise (compared to e.g. physicists' disease) is survivorship bias.