Oh the irony of that thread, not seeing that optimus is exactly same vaporware to pump
$tsla
Hotz has a really good bullshit detector, and he’s probably right about Figure.
I too am getting serious vaporware vibes from Figure, but not quite Nikola scandal levels (yet). There’s too much focus on demos, marketing, partnerships, and fundraising at Figure before they even have a product for sale. We’ve seen this pattern many times before. This does not end well for investors.
A strong startup tends to work quietly, with little effort made on marketing, websites and demos, a healthy and cautious relationship with investors, and zero thought about “partnerships” until they actually have a product for sale.