There is no easy passive cooling in space, getting rid of heat is a major problem. And you need more redundancy because the radiation will crash your computers. And launch is very expensive of course.
And the whole presentation is completely ludicrous. Look at table 1 in the linked PDF and tell me you’re serious. There is no additional cost when sending a datacenter to space except launch cost and shielding? Building a server farm on earth is the same price as building a satellite you can launch on a rocket as long as you use the same computers?
Can I take the other side of this investment? Like an angel funding round, but selling short?
Nonetheless getting rid of heat (by radiation) is possible, otherwise people would be roasted inside the ISS.
I'm sure all of these companies are advertising "ChatGPT in Space!" because that's what will generate hype and money, but what they'll actually be planning is very small edge data centers whose job is to reduce latency.
Whether that makes financial sense, I have no idea. But I am sure it's at least physically possible for a small enough data center.
Given Y Combinator's vetting process, I'm sure they would have tackled this problem somehow - maybe by feeding the heat into another process? It will be interesting to see how they've solved this.
The vetting process of the fund that quite famously invests in the founders over the idea?
That’s like saying „if you’re thirsty on a ship, getting thrown into the sea is actually really nice because you will be around a lot of water.“.
Physically, you could do it, but it won’t be simpler or cheaper than on earth. Except for constant solar availability, there are only downsides with this.
But I also wouldn’t fund the founders here because they have to be incompetent or grifting. I seriously don’t see any other way, it’s that ridiculous.
Bold grift may be what they're selecting for
Venture Capitalists are already like reverse insurance companies. They cover lots of people in the hopes that one of them will hit a rare event and it'll pay for the others.
Buying shares of a single startup is sort of the equivalent of betting on a specific horse to win a race. But what's the equivalent of lay betting (betting that a specific horse will NOT win)? Shorting? But you can't short a private company.
But wait, venture capitalists are already betting that their startups will make money. What if they were willing to double down a bit and accept lay bets? Say there was a kind of specialized short agreement that let you say "here is $x, if in N years company Y has less than $z profit/revenue, I get K*$x. Otherwise, VC gets to keep my $x." You could sell it to VCs as a way to do options trading on their own startup investments, plus it'd be a good way to get the wisdom of the crowds or whatever.
Otherwise when the big firms go public (A16Z etc.), options trading on their stock.
I really wish there was a secondary for private equity.
For all the financial inefficiencies of that - objectively - we get to benefit as humanity from the (expensive) mistakes of others.
So here's to whatever this is leading to much better insights about computing in space at best!