Inference startups repeat an old pattern: hype raises money, honest engineers win

gharik · x · 2026-10-16

jhong recalls a Chinese founder who 15 years ago complained that competitors lied to investors while he refused — the liars all died and he ended up running a gargantuan company. Someone in the inference space made the exact same complaint today: the best companies are built by engineers who pay attention to real data and are often terrible marketers, while many buzzy companies today are fake-it-until-you-make-it operations.

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