>I’m using Quaise Energy as an example of a much larger overall trend—of the inability of investors to effectively evaluate technologies. The ability of investors to recognize good technical evaluations is the key thing that’s lacking in the economy today; there are plenty of good ideas and there’s plenty of investment capital.
Yeah, just look at Varda “manufacture drugs in space,” and Colossal “bring back the wooly mammoth.” It just doesn’t make sense for these to be profitable businesses.
I could imagine some billionaires being willing to pay a lot of money for cloned extinct animals, if they can do it.
Varda, they’re trying to make ritonavir crystallize in a different way, but even if they can do that in space, and even if there isn’t an easier way to do it...the crystals aren’t the active form of the drug, it has to dissolve before it can do anything. If you want it to dissolve faster you can use smaller crystals, and if you want it to dissolve slower you can encapsulate it. It’s totally meaningless. Earlier, I think they were trying to make ZBLAN optical fibers, but the only reason they were supposedly better in space was because there were fewer particulates than in labs without air filters, and also they’re not actually better than current optical fibers in practice.
>I’m using Quaise Energy as an example of a much larger overall trend—of the inability of investors to effectively evaluate technologies. The ability of investors to recognize good technical evaluations is the key thing that’s lacking in the economy today; there are plenty of good ideas and there’s plenty of investment capital.
Yeah, just look at Varda “manufacture drugs in space,” and Colossal “bring back the wooly mammoth.” It just doesn’t make sense for these to be profitable businesses.
I could imagine some billionaires being willing to pay a lot of money for cloned extinct animals, if they can do it.
Varda, they’re trying to make ritonavir crystallize in a different way, but even if they can do that in space, and even if there isn’t an easier way to do it...the crystals aren’t the active form of the drug, it has to dissolve before it can do anything. If you want it to dissolve faster you can use smaller crystals, and if you want it to dissolve slower you can encapsulate it. It’s totally meaningless. Earlier, I think they were trying to make ZBLAN optical fibers, but the only reason they were supposedly better in space was because there were fewer particulates than in labs without air filters, and also they’re not actually better than current optical fibers in practice.