Comment on Controversial startup's plan to 'sell sunlight' using giant mirrors in space would be 'catastrophic' and 'horrifying,' astronomers warn

• 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.

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  • 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.

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• 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.

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  • 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?

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    • Archer@lemmy.world ⁨2⁩ ⁨days⁩ ago

      Sure, just attend their crypto event

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