What are two of George Gilder’s MOONSHOTS?

I've written about Verses a couple times since it went hyper-promotional in the first half of 2023 -- they have finally gotten revenue growing, but I still don't trust the business. It might work out, but with them borrowing money and issuing shares at a much faster clip than they're booking revenue (they raised $10 million in convertible debt from Abu Dhabi in June, but will spend that and be out of cash again before the end of the year if it keeps up at this rate), the risk remains high unless they have some VERY large orders coming in that I don't know about. It's too easy for companies like this to become a death spiral of constant equity issuance to keep the lights on, which is why it's usually so much healthier for little startups like this to be shepherded as venture capital investments instead of having to justify their existence every quarter in the public markets.If you want to consider it as a venture capital investment, just based on the story and your belief in the management team, that's fine -- but know that the odds are low. As a public company, they have to live with the constantly falling share price, which will mean faster and faster dilution, unless they can find a way over the hump to begin to convince enough customers to come on board at a commercial rate to at least come close to covering their R&D budget and their overhead. Until that happens, they're just using hope and the AI "story" to sell more shares to give them a chance at survival.This is all going by the financials, I haven't read the press releases or presentations. Sometimes with a startup in a hot industry, you have to just focus on the numbers to give yourself some healthy skepticism. And remind yourself that "story" startups are high risk, and we should be mindful of how much of our portfolio we put at that kind of risk.