Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

They let the fox in. But they didn’t have to. They could have try to raise money without such a sweet deal to MS. They gave away power for cloud credits.


> They let the fox in. But they didn’t have to. They could have try to raise money without such a sweet deal to MS.

They did, and fell, IIRC, vastly short (IIRC, an order of magnitude, maybe more) short of their minimum short-term target. The commercial subsidiary thing was a risk taken to support the mission because it was clear it was going to fail from lack of funding otherwise.


They tried but it did not work. They needed billions for the compute time and top tier talent but were only able to collect millions.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: