One month after launch of its "smartphone replacement," Humane already seems doomed.

Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is “seeking a price of between $750 million and $1 billion in a sale.”

  • wirehead@lemmy.worldEnglish
    30·
    6 months ago

    It’s important to realize that the nerd you saw on the news has always been someone wearing nerd as a costume and the entire history of technology is loaded with examples of the real nerd being marginalized. It’s just that in ages past the VC’s would give a smaller amount of money and require the startup to go through concrete milestones to unlock all of it so there was more of a chance for the founder’s dreams to smack up against reality before they were $230m in the hole with no product worth selling.

    • sundray@lemmus.orgEnglish
      4·
      6 months ago

      20 years ago, the big question VCs were asking their startups was, “How do we convince Microsoft to buy this company?” Simpler times, back then.

      • erwanEnglish
        7·
        6 months ago

        10 years ago it was “how do we convince Google to buy this company?”