If they are going to share the IP, why would they get backing? The main reason to back a startup is to make returns when it matures or gets sold on. That is one of the things that concerned me about their blurb. Give us money now, and where are you going to get it back from?Brake Horse Power wrote: ↑20 Nov 2019, 21:57If it is a false statement it would really affect their credibility. I believe they are for real on this. The coolest part is that they share the IP on the technology!
Same as Tesla, as Musk said when people copy your work, they will always be chasing you, at your back. To lead the race you need to innovateBig Tea wrote: ↑20 Nov 2019, 22:34If they are going to share the IP, why would they get backing? The main reason to back a startup is to make returns when it matures or gets sold on. That is one of the things that concerned me about their blurb. Give us money now, and where are you going to get it back from?Brake Horse Power wrote: ↑20 Nov 2019, 21:57If it is a false statement it would really affect their credibility. I believe they are for real on this. The coolest part is that they share the IP on the technology!
From their press release, if it were as half as good as they say it is then it will be about as good as current lithium ion batteries.Big Tea wrote: ↑20 Nov 2019, 18:30If it is half as good as advertised it will be a 'game changer'. However, I am always sceptical about startups who want money off anyone and anyone before they actually have one, or a working prototype people can test.
I really really do hope it is as advertised, but will not be putting any of my money in just yet
Through this acquisition, Nikola will add 15 PhDs and five master’s degree team members.