this post was submitted on 04 Sep 2024
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[โ€“] [email protected] 3 points 2 weeks ago (1 children)

Maybe, if they were smart, they used the snake oil round to invest in hardware and real engineering. Now the investors can't simply cash out. They either need to hold and hope, or sell at a loss, and either way the hardware remains?

[โ€“] [email protected] 3 points 2 weeks ago

But if their initial engineering and infrastructure investments were into ~~welding~~ 3d printing that turned out to be a dead end...