manufacturing

https://x.com/zanehengsperger/status/1916834065518363094

my intuition is that this applies to RWAs as well. 
once the space is equipped and the burnrate is conserved as physically as possible, there's potential in the abstract value with a floor backed by tangible assets.

Manufacturing factory startups have a built-in safety net most tech companies don't: tangible assets that retain value.

Even if the business model falters, your machines, buildings, and equipment maintain substantial worth. 

Unlike software that can evaporate overnight,