DISQUS

VentureBeat: Chip designer Stretch rides security concerns to new funding

  • APonziStretch · 1 year ago
    It's possible Stretch may succeed enough for its investors to get their money back. A recent report on VentureBeat covered Oak's travails and poor track record; one comment pointed out the co-investing strategy and links between Oak and Worldview (with the latter clearly admitting they are winding up their investments and closing their firm down soon.) What does this mean for Stretch with Worldview shutting down and Oak in trouble?

    There's a Ponzi scheme at work here and I hope Matt and his team shine light on it and report it to the readership. Check out the common investors between Stretch and Pixim, and between Stretch and Tensilica. Check out how much money went into Tensilica, which firms invested and how much and who sat on their board and what became of Tensilica and how that is being spun into a Stretch story. Ditto for Pixim-Stretch. One of those investing firms is closing down and another is having trouble raising funds (all this VentureBeat reported already!) so what lies ahead for Stretch?
  • Matt Marshall · 1 year ago
    we'll check it out. if anyone knows anything more on this, send us a tip....thx.
  • rk · 1 year ago
    I am thinking Stretch is really stretching there story about market here, let me list below competition, I do not think competition is sleeping at wheel.

    - TI (Davinci)easier to implement as it is a DSP.
    - Mobliygen (ASSP)cheaper part
    - Amberalla
    - Brightscale Aka Connex Tech
    - Xilinx
    - Altera
    - SPI
    - XMOS
    - ADI
    - Freescale
    - Philips/NXP
    - ST- Micro

    Matt, would you ask them how they stack up against Price, Power,Performance, on above competition?