Good point. I used to work at a mobile startup that subsequently got acquired and burned - the run rate for a company of ~140 people was astronomical.
Radio engineers are expensive and rare, scopes and even faraday cages are expensive, specialist software is expensive, handsets were a fortune when you had to buy hundreds of them.
We got sold for (I think) about $330 million, then you look at social media startups that go for a couple of billion. Nobody wants to do stuff that changes the world for a reason.
Radio engineers are expensive and rare, scopes and even faraday cages are expensive, specialist software is expensive, handsets were a fortune when you had to buy hundreds of them.
We got sold for (I think) about $330 million, then you look at social media startups that go for a couple of billion. Nobody wants to do stuff that changes the world for a reason.