I’d like to see that comment if you could link it!
I mean just on the surface of it, this is completely preposterous.
The first thing that comes to mind is you can only cover so much area. 4000 satellites would cover the dog park near me. In the scope of an undertaking like this, it’s a trivial amount of energy they could possibly gather?
JoshuaFalken@lemmy.world 2 days ago
I disagree they are bozos. I’m actually coming around on the idea. Not the mirror thing of course, but the VC grift using a flashy idea. Millions of dollars and the only thing you make is a slideshow? Brilliant.
SaraTonin@lemmy.world 2 days ago
It’s tricky business. The idea has to be plausible enough to attract investors, but implausible enough not to get looked at too closely by clever investors. Similarly, you have to drum up enough publicity to get interest, but not enough to get scrutiny.
Get the balance wrong and you get Theranos.
anomnom@sh.itjust.works 2 days ago
Theranos made a bunch of money for its creators, they just messed up by thinking they could keep lying, when they could have just admitted failure at some point and then moved on to the next grift.
Since then crypto schemes came atone and made it way easier to swindle dumb investors. So the VC grift isn’t as attractive.
ashenone@lemmy.ml 2 days ago
I’m gonna start a startup called startup starter and my business plan will be selling business plans to startups that are flashy enough to attract VC money so you can siphon off as much as possible before the business folds.
njordomir@lemmy.world 2 days ago
So you offer Startup Starter™ franchises so I can help startup starters in my area find startup starting ideas?
Archer@lemmy.world 2 days ago
Sure, just attend their crypto event