back to article So why exactly are IT investors so utterly clueless?

Are you thick or what? No, really, how else can you explain why you invest vast sums of money on daft schemes that nobody wants? Long-time readers of this column may remember my little Tech City adventure a while back, in which I managed 2,000 sq ft of chic hipster office floorspace in the heart of London’s so-called "silicon …

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  1. Anonymous Coward
    Anonymous Coward

    Technology/medical startups too

    Seem to feel the need to blow all their investor money on industrial design, beautiful mockups, and even dozens of almost-functional 'A-model' prototypes before they've got around to fully debugging their one piece of fundamental core technology (which would be so much easier had they not already made 100's of the core components, boxed themselves into a corner with a case-design etc etc...)

    And/or part way through the development it becomes apparent there's a far easier and cheaper way to achieve the startup's core aim.... but no, we have to persevere with the expensive, unreliable, clunky approach (on which they hold a couple of patents) "because that's what out investors invested in"!

    Do investors really think like this - or is it just what the startups tell us?

  2. Tim Soldiers

    Ha ha Ha

    Yep, you all think its very funny. But the NHS buy, stuff as stupid as this (handwash- app or worse) all the time.

    The company only have to *cough" "reach-out" to the right person in each hospital and the order will be completed. Which is why they need the £360k

    Signed A.N. NHS Buyer

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