They haven’t produced an FPGA proof of concept, after claiming they would have one ready last year. They now say they need investors to finish it, yet they previously claimed to not even be looking for funding.
They claim to have angel investors, but they are all secret ones. Of course it’s an investors right to stay private, but the reason you often see investors and companies shouting from roof tops is because the funding event itself can help a company. Publicizing it generates PR, gives the company credibility in dealing with other companies, and is a signal that can generate demand for more investors.
Even putting that aside, the biggest issue is they haven’t made a compelling case for how their ideas will outperform existing CPUs in practical usage scenarios. Yes a running FPGA would be nice, that’s not the only way to show potential.
They could do quantitative analysis, modeling, or start adding a lot more detail to their talks and papers (which tend to sound about as deep as you get in an undergrad architecture classroom), and argue very specifically and comparatively against today’s standards, even for just a few key scenarios.
Maybe they believe even those ways would still have capital/labor/opportunity costs that are prohibitive or for a startup? Another option could be small meetings with a few well respected hardware architects, who will have the best chance of understanding the potential value. Once convinced, they will probably be glad to write about it or just provide a reference, which will make funding, partnerships, hiring, etc all easier.
I dislike being critical of people swinging for the fences, because it’s what many of us here are trying to do, and it’s important that people keep doing it. However in this case it’s not just about long odds. Because of the reasons above and a few other details, things just don’t add up. I don’t believe the FPGA will ever demonstrate anything compelling, and don’t think any investor in their own backyard on sand hill road will bite.
It’s all conjecture of course, I’d be happy to be proven wrong.