alt Hacker NewsChances of this startup pulling a Theranos are? I mean data center construction is something that couple of non startup companies do and do it well. What is the problem that they solve? The article is quite light on what they actually do.
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doctorwho42 • today at 1:28 PM
Arbitrage most likely. They take money from big players, and probably outsource the different parts of construction, then they hold the capex on their balance sheets instead of the big players
More WeWork than Theranos. Theranos was a fraud.
WeWork was a legit real estate business with a SaaS multiple on valuations.