Isn’t it usually a red flag when the announcement of a startup talks about who the founder(s) and investors are before the product? Am I seeing shades of Theranos here? Why not focus on how far along the product is or the viability of the idea?
Seems like waporware. Unless their idea of rack hardware is bending sheets into racks it not very clear how they would suceed. It's not clear at all what they want to do acctually. Maybe selling kind off custom computer rack servers with vendor lookin? Like IBM mainframes? Except not doing the advanced chips inhouse.
