I think investments like these which appear to be the most illogical are the most interesting for venture capital. The more people who thinks that investment seems solid the less likely it is to unearth something entirely new (perhaps a whole market).
I agree that hype is a large part of this investment. But remember that hype is about 1000x as difficult to create than a product.
Comments
I think investments like these which appear to be the most illogical are the most interesting for venture capital. The more people who thinks that investment seems solid the less likely it is to unearth something entirely new (perhaps a whole market).
I agree that hype is a large part of this investment. But remember that hype is about 1000x as difficult to create than a product.
Hype is harder to create than a product? For what set of products?