LA startups are racing to develop transportation(mercurynews.com)
mercurynews.com
LA startups are racing to develop transportation
http://www.mercurynews.com/news/ci_28969548/la-startups-are-racing-to-develop-transportation-more-amazing-than-selfdriving-cars:-think-hyperloop
3 comments
HTT's model reminds me of Local Motors. I'm skeptical that a crowd-sourced approach can work for something with the scale and regulatory hurdles of Hyperloop, but a hybrid setup with a core full-time team and contributions from vetted freelance professionals could be interesting.
Not only they expect talent to work for free, they also expect employees to invest money in their startup: "We will consider your application anyway, but we prefer our co-founders have some "skin in the game." Really?
Look at CTO positions advertised on workinstartups.com
"15 years experience as CTO, must be top coder in XYZ, willing to work on this full time and make at least a minimum investment amount, 0.8% share option"
Lots of deluded people out there, lots and lots and lots of them.
"15 years experience as CTO, must be top coder in XYZ, willing to work on this full time and make at least a minimum investment amount, 0.8% share option"
Lots of deluded people out there, lots and lots and lots of them.
This is not delusion, more like a rational exploitation. Given the 'moonshot' nature of the project and the fact they are planning an IPO, that's a negative signal, sounds like a potential pump-n-dump scheme. Somebody should run a good background check on them.
XYZ sucks. You should use MNO.
> We weren't understanding the position of Elon: Why would a man with the vision not do it himself?
The answer provided to that question in the article, is silly. Elon isn't doing hyperloop himself for the obvious reason: he's a little too busy with solar, space, internet access, electric cars, and batteries.
The answer provided to that question in the article, is silly. Elon isn't doing hyperloop himself for the obvious reason: he's a little too busy with solar, space, internet access, electric cars, and batteries.