Kevin Karhan :verified:<p>Apparently up to <a href="https://infosec.space/tags/juicero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>juicero</span></a> collapsing it was perfectly normal to throw $120M onto an idea without even a single prototype!<br><a href="https://youtu.be/-x_cjPxfrVg&t=95" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">youtu.be/-x_cjPxfrVg&t=95</span><span class="invisible"></span></a></p><p>For comparison, the whole budget of Somaliland is $35M...</p><p><a href="https://infosec.space/tags/LateStageCapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LateStageCapitalism</span></a> <a href="https://infosec.space/tags/VC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VC</span></a> <a href="https://infosec.space/tags/VentureCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VentureCapital</span></a> <a href="https://infosec.space/tags/Absurdity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Absurdity</span></a> <a href="https://infosec.space/tags/SilivonValley" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SilivonValley</span></a> <a href="https://infosec.space/tags/SandHillRoad" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SandHillRoad</span></a> <a href="https://infosec.space/tags/Gambling" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Gambling</span></a> <a href="https://infosec.space/tags/ScamTech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ScamTech</span></a></p>