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  "documentTitle": "IonQ Inc. (IONQ)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2022-05-03 00:00:00",
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  "notes": "Uses direct quotes from a former employee to undermine company credibility.",
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      "text": "I would say the founders and Peter Chapman knowing what I know.",
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      "text": "Ex-employee described the statements of a 32-qubit machine as “outlandish claims” that are “so far removed from what what can actually be done”\n“...the statements that are being made, I do not believe, are consistent with the capabilities that they have and what they can potentially deliver is the concern. I understand, sometimes you have to make the leap of faith. This is what happens when you’re, for instance, writing academic grants and a little bit of hype to encourage people to get excited about it; I don’t think there’s much harm in those. But if you’re making outlandish claims that are in a sense so far removed from what can actually be done with what is available today and what can realistically be expected based on know-how and technical understanding of how our system currently behaves, then this can actually be very discouraging. So, there’s that element that I’m concerned about...I do not believe the level of investment into making technical progress, especially from a fundamental research side, is sufficient to actually support the claims for deliverables to come later.” –Former senior scientific employee of IonQ",
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      "text": "Ex-employee suggested that the announcement was pushed by the CEO and co-founders of IonQ\nQ: “Who pushed this? Was this Peter Chapman?”\nA: “I would say the founders and Peter Chapman knowing what I know.” –Former senior scientific employee of IonQ",
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      "text": "\"I would say the founders and Peter Chapman knowing what I know.\" — Former senior scientific employee of IonQ; \"...the statements that are being made, I do not believe, are consistent with the capabilities that they have and what they can potentially deliver is the concern... I don't think there's much harm in those. But if you're making outlandish claims that are in a sense so far removed from what can actually be done with what is available today and what can realistically be expected based on know-how and technical understanding of how our system currently behaves, then this can actually be very discouraging.\" — Former senior scientific employee of IonQ",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "The ex-senior employee alleged that IonQ’s CEO and founders pushed for the announcement, and described the statement of a 32-qubit machine as “outlandish claims” that are “so far removed from reality” and “what can reasonably be expected,” even questioning whether the purported 32-qubit machine’s 4 million quantum volume, as indicated in the press release, is “ever achievable.”",
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