IBM and Google are just companies

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quantum isn't a scam, but QUBT def is. To put it into perspective, IBM is spending 30b in quantum research over the next 5 years, and Qubt has spent 20m / 0.02b .......... Quantum encryption, toshiba, quantique, and openqkd has been working on it for years.

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Three are legit: Google, IBM, Quantinuum (private- you can't invest)

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IONQ is at least competitive in its tech, Rigetti isn't anywhere close to its direct competitors (IBM, Google)

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Nothing wrong with it, its a nice office inside. They have a decent fabrication lab elsewhere. What I don't really understand is how they continue to get contracts, and valuation. They haven't released anything novel and are way behind both Google and IBM in terms of their tech. At least small competitors like IQM have something novel in comparison to those two giants. Guess it just goes to show how much people buy hype when its deep tech

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Help me out. I sold nbis early and I want back in. Same with asml ibm etc. are these companies really gonna return more money than say PayPal? Convince me why

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Not sure how long I plan to hold, from a risk management perspective it’s probably not a good idea to hold a large % of my portfolio in one stock. As for my thesis for remaining invested: Big tech companies like Google, IBM and soon Nvidia have already invested a lot to create their own quantum chips. Can’t find any public info on how much they invested but I expect it to run into $billions spent by each. So if another mega large tech firm (Apple, Microsoft, Meta etc) feels some fomo and wants to have competitive chips immediately they just need to buy up one of these small firms. At a $13 billion valuation I’m sure it’s cheap for big tech to scoop it up.

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I think IBM said that already

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I mean, trillion is pushing it lol, Google and ibm will win quantum regardless, RGTI likely doesn’t even capture a billion in profit, and even if they did, still way over valued

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That’s a good thesis, but this must be institutional money running the price up already no? The thing is, Google and IBM are the two biggest players right now, why would they buy a small company out when they’re already likely to have a better product? Where’s the benefit there? If it’s buy out your competitor mindset, I don’t see how RGTI or QBTS would even remotely be able to match Google or ibms scale or productivity

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