I am extremely skeptical about Canadian led Quantum computing startups. Xanadu and especially D-Wave have a track record of making a lot of promises. I looked into D-Wave's business model and it should not have even been allowed to go SPAC. I am a bit surprised you are long.
I don’t know much about Xanadu (photonics, right? Not my field), but I’ve seen enough from D-Wave to have a strong respect for their technical chops. They have some nice capability and a lot of IP, so they might be able to pull if a miracle. Also I wanted the SPAC to succeed so they could get funding, so I bought some shares to be able to cast my (purely symbolic?) vote.
The participation of LPC actually has me reconsidering my position, but we’ll see.
I am extremely skeptical about Canadian led Quantum computing startups. Xanadu and especially D-Wave have a track record of making a lot of promises. I looked into D-Wave's business model and it should not have even been allowed to go SPAC. I am a bit surprised you are long.
I don’t know much about Xanadu (photonics, right? Not my field), but I’ve seen enough from D-Wave to have a strong respect for their technical chops. They have some nice capability and a lot of IP, so they might be able to pull if a miracle. Also I wanted the SPAC to succeed so they could get funding, so I bought some shares to be able to cast my (purely symbolic?) vote.
The participation of LPC actually has me reconsidering my position, but we’ll see.
Thanks, I guess time will tell.