Op-ed: What $5 billion humanoid robots taught me about risk, jobs and the future of the economy
CNBC
Apptronik has risen in value from $15 million to $5 billion and now has Google DeepMind as a partner. There's a very big idea backing the robotics startup.
Recently, Apptronik announced a $520 million funding round at a valuation north of $5 billion, with Alphabet's Google DeepMind as a partner. Today, their market position within the humanoid robot category sounds inevitable.
In 2019, it didn't.
I was on a YPO forum trip to Austin and had arranged for our group to visit Capital Factory to hear startup pitches. As usual, most were forgettable. Interesting ideas, thin moats. No technical talent.
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