Steven Novella
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Podcast Appearances
A lot.
So they had some preliminary funding.
Then they were doing a new round of funding.
It was millions of dollars from hundreds or thousands of individual investors.
There was a lot of... This round that they got out of all this hype was mostly from small investors, which is why...
They are under investigation for fraud.
They are being investigated for fraud.
Well, whatever wasn't spent.
Yep.
But usually by the time that happens, some of it was spent.
Oh, that's a great question.
By the way, it was $25 million from over 1,300 small investors.
That was the amount.
But yeah, and even in the comments of my blog where I'm writing about the battery, people are like, this is just like AI or whatever.
Yeah, okay.
But it isn't.
I mean, I think AI is different because they actually have a product.
I mean, a company overhyping their product, that's kind of baseline.
But there's hype and then there's fraud, right?
Yeah.