Hacker News Reader

Comment by rvz | Hacker News Reader

> Simula is raising institutional capital for the mass production of our headsets. We're also soliciting angel investors who might be interested in alpha testing our Review Unit headsets (helping us form a bridge to our institutional round). More details on this below.

Another one getting pumped with VC money and inevitably going to push this project for an exit.

First Bitwarden, then GGML, and now SimulaVR.

Not again.

View on HN

I understand your concern, but if we were interested in a quick exit we wouldn't be working on this lol.

We're looking for venture backing because getting a consumer hardware startup off the ground is really expensive!

You may discover that once you take money your specific interest is no longer the focus.

I feel this is the type of business that's based on scratching their own itch. They're part of the market they aim to serve. They should still have that itch after taking the money.

Ehhh... to put a more positive stance out there: this is absolutely the time to be looking for capital if you plan to make lots of these things in a reasonable timeframe. Doing that simply costs far too much for anyone not already a near-billionaire.

Apple just validated their market, which reduces a lot of worries about its long-term viability, and may kick off a big wave of highly-funded competition. It very well may become "keep up or die", and using your existing lead is often your best tactic.

Agreed. The big dawgs are entering the field, the startup needs to ship now. Take the VC funding and start getting hardware into people's hands. I generally despise the "ship it and iterate" approach that startups use which leads to shitty constantly updating/changing software, but I'm afraid it's that or die for this company, and I'm absolutely ecstatic at the idea of an open Linux-running headset!

This was me immediate concern when I read that paragraph.

I have been closely watching this company since they first announced the headset and I really hope this isn't the beginning of the end.

What happen with ggml?

Reply on news.ycombinator.com