You'd think if you were contemplating a $10m investment in a promise-the-world s... | Hacker News

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		Workaccount2 on April 17, 2024 \| parent \| context \| favorite \| on: Humane AI – Pico Laser Projection – AI Twist on an... You'd think if you were contemplating a $10m investment in a promise-the-world startup, you'd spend the $20k to get an expert analysis of the project.

whymauri on April 18, 2024 [–]

You'd think, but VCs are lemmings and the moment you convince one to invest a clock starts ticking that makes thorough diligence difficult for everyone else.

Get one person to fall for 'just trust me bro' and the hype train follows.

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