An inventor from New Zealand has spent decades developing a jet pack. Once he developed his project far enough enlisted venture capitalists to help fund the completion of the project.

With a working engine and video in hand, Mr. Martin was able to start raising enough money to quit his day job and devote himself to jetpack development full time. Before long he had venture capital financing and a PowerPoint presentation.

What a total waste of money. Seriously, what could mankind need with a jet pack? Honestly we need to tax the rich more so they can’t put money into these venture capitalist firms who then fritter the resources on foolish projects like this one.

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