Hacker News Reader

The startup raised $2.5M and immediately spent $1.8M of it on the domain name friend.com.

That neatly sums up the priorities of many recent "AI" startups.

Wow. That's a gigantic red flag for any startup, AI or otherwise.

Maybe they know someone who will pay $1.9M on the domain name?

That would be an insane strategy, risking almost 2M for a potential pay off of just over 12K (the amount they paid was $1,887,843).

Either way, if that were the case they wouldn’t have announced the company with the name. Plus, from the article it’s clear there was no such strategy in mind.

Reply on news.ycombinator.com