D-Wave Should Likely be Shut down

The numbers do not lie.

Hey Everyone,

I want to be crystal clear, we have entered a new Venture Capital environment for startups. A lot of Quantum computing startups won’t make, this is perfectly okay.

With Quantum startups I’m a realist, if a startup goes public it will be under increased scrutiny. I want to invest in real companies with revenue generation and competitive advantages over their peers.

There’s seems to be a lack of due diligence on what makes a going business in the Quantum sector.

D-Wave’s stock has hit $0.50, so as a penny stock it’s in danger of being delisted and becoming having dilution that makes it nearly worthless. I heard recently it’s been throwing another $50 million “lifeline”. The narrative here is that the company has reported it secured a $50 million loan, which should give the company more “breathing space”.

You actually have to read the Earnings and come up with your own conclusions. I’ve invested in startups long enough to see the signs. Let’s take a look at some of the actual data.

Hyping an entire sector will have consequences when some investors realize the extent to which they have been fooled and misled. The majority of the good quantum computing startups stand to be acquired.

There are dozens of Quantum computing startups that are practically fraudulent and time will show this to be true. I’ve been covering tech startups for years, and the signs and red flags are pretty easy to spot even in the PR.

So let’s actually take a look at the numbers for D-wave.