Nuclear fusion VC is so lacking in engineering substance that even the VC news site calls it out
https://pitchbook.com/news/articles/the-fusion-bulls-are-defying-vc-conventions
"a bet on fusion euphoria" yer tellin me
@davidgerard #Energy from #NuclearFusion that is cheap, clean and abundant will always be “30 years away”. https://thebulletin.org/premium/2024-11/introduction-fusion-the-next-big-thing-again/
That’s because any longer would be of no use to greedy and *old* investors. While any sooner would require more rapid progress to get skeptical investors to ‘open their wallets’.
People have been losing money and credibility speculating on #fusion schemes for over half a century, but as P. T. Barnum observed, “There’s a sucker born every minute!”
