Bubble? What bubble? A $52M *Pre-A round* couldn’t possibly imply a bubble.https://twitter.com/therobotreport/status/917827461617979393 …
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And I expect it’s based on some expectation of rapid acquisition by a large automotive company, so hypey.
Ok but a bubble would be industry-wide and I would not believe this was typical.
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I do think the vision/ML/self driving space is increasingly bubbly. Not all are getting ridiculous investments like this, but hype for sure
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I've no idea what JingChi is actually doing but if they're, say, spinning up a chip fab.. how much seed should they raise?
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Their website claims all their technology is software. Plus, the sheer number of LIDAR/self driving rounds in that Robot Report writeup...
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Diffusion of Schumpeterian rents has to happen somehow :)
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I'm mostly poking at the assertion that there's a correct or standard seed size. Yea it's a pile - and I hope they use it well.
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I just had so many “wtf” reactions to a $3M seed round this seems ridiioooooculous
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So is that ridiiiiiiiculous typo
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I was enjoying trying to pronounce it, in my head. (— the woman who started the renouned "plibmttbhgaty" event series)
End of conversation
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