Apparently up to #juicero collapsing it was perfectly normal to throw $120M onto an idea without even a single prototype!
https://youtu.be/-x_cjPxfrVg&t=95

For comparison, the whole budget of Somaliland is $35M...

#LateStageCapitalism #VC #VentureCapital #Absurdity #SilivonValley #SandHillRoad #Gambling #ScamTech