HuggingFace Buys Pollen Robotics, DHH & Bezos Founder Advice & a JCal Origin Story | E2111
Listen to the original audio · Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
Out of these spacs, there will be a FedEx, an Amazon, there'll be some great company that comes out of this. You just have to assume an 80% failure rate. Now, when I say 80% failure rate, I mean a zero. Lose all your money. Space tourism, when I saw that one come up, I was like, that's a Hail Mary.
If you're betting on that, you should expect it to be one in 250. Now, if you're betting on Joby, I would take it from one in 250 down to one in 50. And that's just what I do for a living is to make these assessments. It's taken me a lot of pain and suffering to to get that skill.
Right, yeah. And there are so many companies. A lot of lessons learned along the way. There are so many companies, Lon, that I thought were going to do so much better. That went to zero.
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