Silicon Valley trimming back “Moonshot” projects?

From the Washington Post today:

Next you’ll tell me they are killing the fooseball tables and slides on campus.

RIP.

With billions going over to Ukraine…the military contracting community is going into overdrive here in Florida. Lots and lots of wild project work funded by the DoD.

Peter Thiel on why tech progress has stalled.

I’ve been following the FITE ETF (SPDR S&P future security exchange traded fund)… IDK if there’s overlap with what you are seeing in FL but FITE is somewhat volatile.

Good. I saw them as hubris boondoggles.
Hardware… is hard. What’s the success rate of all the ‘moonshots’ to date?