No. I was writing a serious reply, but then I realized that there's no point in explaining the mathematics of a VC portfolio to somebody who was a jerk just because they didn't understand the situation. And…
My Subaru (which just uses cameras) definitely would've stopped for this. Perhaps the difference is that the Subaru uses two cameras to get a stereo view, whereas the Tesla is trying to do it from a single camera.
By increasing the most substantial cost that startups face, VCs end up owning larger portions of each startup.
No. I was writing a serious reply, but then I realized that there's no point in explaining the mathematics of a VC portfolio to somebody who was a jerk just because they didn't understand the situation. And…
My Subaru (which just uses cameras) definitely would've stopped for this. Perhaps the difference is that the Subaru uses two cameras to get a stereo view, whereas the Tesla is trying to do it from a single camera.
By increasing the most substantial cost that startups face, VCs end up owning larger portions of each startup.