It's crazy how many investors do not understand quantum computing in any useful commercial capacity is at least a decade away.
The company has $572 million in cash which is plenty of runway for a few years, but unless they come up with a business model that is more than grifting investors, the company will go bankrupt. There is no money in quantum computing, because quantum computing is nothing more than an expensive science experiment.
This company will be dead in 5 years, probably 3.
just_fake_it7 hours ago
Should also watch out for QUBT; which started out as a beverage company. Now they sell quantum computing hopes and dreams.
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It's crazy how many investors do not understand quantum computing in any useful commercial capacity is at least a decade away. The company has $572 million in cash which is plenty of runway for a few years, but unless they come up with a business model that is more than grifting investors, the company will go bankrupt. There is no money in quantum computing, because quantum computing is nothing more than an expensive science experiment. This company will be dead in 5 years, probably 3.
Should also watch out for QUBT; which started out as a beverage company. Now they sell quantum computing hopes and dreams.
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