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In fact, they already got funding well before that.
It is too early to judge the success of the CAR field, although it is clear that this area has generated an enormous amount of interest, as well as funding well exceeding $1B.
After raising $3.3 million in a very unusual round that included tons of YC alums like Loopt's Sam Altman, Stripe's Patrick Collison, Parse's Tikhon Bernstam and Y Combinator partner Paul Buchheit, Kan says the company's not returning to the funding well anytime soon.
Construction of the ship began in 2003, planning and funding well before that.
Let's spend that funding well and do something bold and inspiring for the country and the world.
Building a war chest before a downturn hits is also an option; a move that rewards those who take advantage of frothy times by accepting funding well before they need it.
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The EMBO grant will keep the two Ph.D. students and two postdocs, all of whom came to his lab with their own funding, well-equipped and supplied.
At first blush, with this kind of big, early funding, well-known names, and outsized ambition, the project is intriguing to say the least, if not full of bravado.
In the tech sector this manifest itself as duplicated projects, quick-trial pilots with no back up funding, well-meaning competitions run by big institutions without any sustainable marketing plan for the technologies they produce and investors still reluctant to fund small projects because of fear or knowledge of the African market.
So far, the gun control debate in this country has been largely misdirected -- partly due to the fact that we have a $30 billion gun industry with NRA lobbyists funding well-organized propaganda -- and targeting politicians through campaign donations.
For being technically bad, as a movie, but also for having the extremely questionable moral that buying Christmassy tat is more Christian than funding wells in Africa.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com