How is this chip company with no products out and with a founder that, as far as I know, has no background in chip design worth as much as Nordic semi?Is this peak bubble?
>sell 0.1% equity stake for $3.3 million>your valuation is now $3.3 billionsthat's not real money
>>109469106Yeah when china makes it's own DUV it's over for Europe, then it will be one step closer to becoming a museum. Europe is 75% a museum already.
>>109469239china can already do DUV. it's EUV that's missing.
>>109469197but someone still gave 300M of actual money to that company.And can't he use his shares as loan collateral?it's just insane to me that people would give money to a company that has no products, and give them valuation equal to that of established companies in the same space>>109469239Why would china making their own DUV destroy europe? Chinese chip design expertise is abysmal, and the yields of their foundries like SMIC is also low, too low for non-subsidized companies to use for the more advanced nodes
>>109469342No. They just recently said they *can* do DUV.but DUV was not sanctioned, to they do have access to ASML DUV machines. Their foundries are still ass tho, even with the ASML machines.
>>109469239I recently moved to a European (EU, Western Europe) city and my productivity hit a rock bottom. There is so much noise in the cities, my office is constantly bombared with noise, my apartment (my current apartment and my two places that I stayed in previously) is also subjected to outside noise almost 24/7, in most apartments there is no AC, no proper ventilation systems, the only way to ventilate is to open windows and then the noise becomes even worse, add the current heatwave.I haven't had a good nights sleep for months. It's just horrible, it's no wonder people here lost their will to creativity.
>>109469363China's SMIC's 7nm with ASML machines is fine.Europe doesn't have almost-leading-edge fabs like SMIC. ESMC only exists on paper.
>>109469363>They just recently said they *can* do DUV.that' was about DUV *machines*.China already had DUV fabs with ASML machines.
>>109469351>it's just insane to me that people would give money to a company that has no products, and give them valuation equal to that of established companies in the same spaceYou have to buy companies that are starting but that could get big if you want to have a bigger profit when you sell them in the future.
>>109469407>cityMy man what the fuck?That's where you SHOULDN'T be. outside the the city there is way less noise. it's not zero all I hear is cars randomly pass by the rare person walk on street and mongoloids parting randomly at 22:00 - 01:00 like 6 times in the year. How much noise is there in the US?Consider moving back.
>>109469451It absolutely isn't fine. The PDK is dogshit, the yields are low, even chinese engineers say the DRM is a rag. You have to do tricks to even achieve a 90% yield at a reasonable performance.>>109469498NTA, but both of you are saying the same thing
>>109469407What city do you live in? It feels like you live in the center of some city, with your windows overlooking a major road. Try looking for an apartment in a residential area.>>109469239>Europe is 75% a museum alreadyI don't really see a problem with being a museum. For most people, the current situation in Europe suits everyone. Me too. I don't want to be productive, I don't want to build a business, I have no desire to achieve anything. I just want to work at some job and be able to rent a small studio and buy myself some food.
>>109469524>The PDK is dogshit, the yields are low, even chinese engineers say the DRM is a rag.that's everyone but TSMC, no?
>>109469504Where do you hear the noise? I currently live almost in the center of Belgrade in a fairly old neighborhood, and there's no noise in my apartment. The noise is resolved by installing proper windows.
>>109469239Close Imec in Belgium and worldwide chip development stops for 5 to 10 years. Entire worlds does the most critic research in this one location, and no normie knows about it.
>>109469106Always has been, still is, exactly how VCs work. Look around you at the other big companies with big funding and it's all the same: never are people who are subject matter experts afforded even a dime, but have a connected dad or rich uncle and you'll get $300m in funding at the idea stage.
>>109469549>Where do you hear the noise?Are you talking to me or the other guy?because you are (You)ing me.I live at the outskirts of my city like the city is 12 km away.It's just lots of- cars passing you hear woosh- Some dipshits passing my home while being loud- and the actual problem: people partying at 22:00 -> 1:00 that 10PM -> 1AM for the Americans here, they are very loud they are like at the otherside of the street or another street and you can hear them shouting and playing music happens 6 +- times in one year.Other than that I rate it a 7.5/10 could be far worse.Don't know about >>109469407
>>109469704>and the actual problem: people partying at 22:00 -> 1:00 that 10PM -> 1AM for the Americans here, they are very loud they are like at the otherside of the street or another street and you can hear them shouting and playing music happens 6 +- times in one year.can you name the country? most European countries have laws about noises at night. residents would call the police on the offenders.
>>109469106>aspirational silicone
>>109469704lol they put a speed bump near my residence and every weekend night ambience is full of "sports" cars accelerating from 0
>>109469766>residents would call the police on the offenders.I know my country has laws saying till 24 but I am not that much of a chud to call the cops on my neighbors even if the teens are faggots. some of them have legal protection were it's allowed. but these are 'organized' parties for the lack of words.
>>109469855It's typically teens and mentally teens that have parties at their parents home.>these are 'organized' parties for the lack of words.Club? I don't know.
>>109469407Then rent a place with proper windows and AC. It's not that hard, they're very common unless you absolutely want to live in some hipster Paris old block area. Most companies also have AC and properly insulated windows.
>>109469407I used to hate noise until I got tinnitus
>>109469407So I live in Northern Europe and work in the capital. One single day in the capital and the collar of my shirt is dirty. Thankfully, I live in the countryside, have fields on 3 sides and a river on the fourth side. I have a house surrounded by a garden that I turned into an orchard and I eat produce from my garden almost daily. And my clothes remain clean after a day.Stay in the countryside for that Solarpunk lifestyle.
>>109469106>How is this chip company with no products outA good design is what it takes to get early investments.>and with a founder that, as far as I know, has no background in chip designHow about the rest of the team?>worth as much as Nordic semi?Bad comparison, that company bounces up and down and is beholden to one major customer.>>109471817>SolarpunkYes
>>109469106The magic of contemporary capitalism.Let me guess: the owner is either Israeli or Jewish
>>109469106European "initiatives" aren't meant to produce a product they are a means to distribute cash to the various staff running the "company." Those staff are always related to and/or part of the same ruling class who approved the program.
>>109472091It's just state communism with a free-market veneer you bleeding idiot
>>109472091sorry to jump all over you bub but, what is contemporary capitalism?Corporate SocialismOligarchic CommunismAristocratic FascismTyranny of the MajorityInvestment Banker ActivismCollective SuicidismGeneration WealthismCertainly nobody currently living has experienced Laissez-Faire Capitalism so it seems that Capitalism is just a hollowed out concept to me.
>>109472091I'm just going to throw this out there for you and others to noodle on: Any government that requires individual workers to report income and/or collects individual income taxes from a worker's paycheck is not governing a capitalist civilization.>>109472152this wasn't me btw>>109472464this was me
>>109469351>it's just insane to me that people would give money to a company that has no products, and give them valuation equal to that of established companies in the same spaceIt's a money laundering scheme like the bananas ducktaped to walls.
>>109469239>when china makes it's own DUV it's over for EuropeWhy??Europe does mainly fabless, very few fab lines here, and for leading nodes you have to go to TSMC.
>>109469239>when China finally reverse engineers ~30 year old Western tech it's over for Europe!
>>109469533Well no so much. Samsung is quite bad, but GlobalFoundries and IHP are good from what I've experienced. Obviously TSMC is the best to work with tho, but I havent done any TSMC more advanced than 12.
>>109472059Their "design" is non-existent. The rest of the team are not famous names in the chip design world.What they're promising, some photonics nonsense, isn't even possible to scale yet from the big chip manufacturers.
>>109472152>>109472464Capitalism means investing money to get more money.Western politicians allow shot like this in order to get kickbacks from their zionist leaders.Do you know who were the first capitalists out there? Here's a hint: the some people who weren't Christians but were close to.European kings, and loaned money to them expecting bigger returns.>b-but muh special definition of capitalism! Capitalism has never been tried!>t.brainwashed morons
>>109469524absolute retard boomers on this board
>>109474720dabbling in chip design is boomer now?
>>109469106economy is fake and gay kid, nothing else, this WOrld is a fucking casino
>>109475966There must still be some logical reason for it, ya?
>>109476947Not really, like he says it's all gambling. A casino for the rich. Also VCs are complete lemmings and clinically retarded-tier of dumb, so they see a shiny name they send money. They don't care about the product or if it's real, they only do DD if you aren't connected to them and their DD is "whom does this person know" rather than "is the product real and is the market real".
>>109477027>Also VCs are complete lemmings and clinically retarded-tier of dumb, so they see a shiny name they send money.How many VCs do you know, anon?
>>109469106UK is desperate for some kind of meaningful AI story so they will fund this bullshit. It will come to nothing.
>>109473025"le leading node" obsession is fucktarded
>>109477405I am fairly close to 4-5 and I've talked to (actual face to face, not like shooting the shit online) over 150.
>>109469407Get portable AC if all else fails. Just watch out for the electricity costs. But summer is almost over now, so probably no longer worth.
>>109474675>Do you know who were the first capitalists out there? Here's a hint: the some people who weren't Christians but were close to.European kings, and loaned money to them expecting bigger returns.That is a definition of capitalism I sure was not familiar with. So how can this be private ownership of the means for production when it was all owned by royalty?
>>109469106>no products outseems kinda common nowadays so many startups that promise big shit and get funding but end up doing nothing countless drone manufacturers right now for example.
Friedrich Hayek was right.>>109474675>Capitalism means investing money to get more moneyok, so to you it means Generational Wealthism. Got it.>>109477713Very important lesson for you anon. Keep careful track of which words have taken on a new meaning, avoid using such words, ask anyone using such words to define the word and their bullshit is thus revealed. Any word that has "ism" on the end, is pretty much useless.
>>109469106It's a government entity. Not officially, but in effect. There are lots of "fake" corporations like this out there.
>>109479623Define "Generational Wealthism".
>>109477713>That is a definition of capitalismWhat you quoted is not a definition of capitalism or private property. And their power came from 1. their religious beliefs, and 2. their influence. Kings having power doesn't mean they were allowed to do anything they wanted to do.I hope you do understand that "capital", "capitalism" and "capitalist" are different things...>>109479623>Generational WealthismNo idea what that is supposed to mean, but it's just greed.>Keep careful track of which words have taken on a new meaningI'm pretty sure that definition is older than you, I, and Hayek.Also, defining things to analyze and explain them is how science works.
>>109479782Defining things is one thing. Using existing words and applying them to incorrect context under the guise of explaining things is well poisoning.
>>109469106The situation in AI is pretty crazy. I'm a /biz/fag, so I've done research on a few of these companies, and it's usually some silly shit like word salad of buzzwords, a 1 billion valuation, and it's headquartered in some guy's garage. Literally.
>>109479623So what is this new meaning of the word?>>109479782>What you quoted is not a definition of capitalism or private property.And yet you fail to clarify. This is just like the left wing pseudo intellectuals who always try to win by continuously redefining words to fit their agenda. And "capitalism" is one they often redefine since they have failed to achieve anything productive in life.
>>109479701>Define "Generational Wealthism".and please try to use words that can actually be found in a dictionary
