venturecapital

Founders

Hardware is really hard. 

My first VC backed startup in 2017 was a BCI or « brain computer interface » as a music headset - paired with an app that let you gave music recommendations to put you in a « the zone »

I lived in Shenzen china for few months trying to get a prototype of the ground - lost all the money on R&D even if using all the latest 3D printing techniques and being upstream in the supply chain - coupled with customer acquisition costs for crowdfunding etc it was dead in the waters.

In software you get dozen shots on goal and need 10 years to build really good products. In hardware you might get 3 shots and need over 20 years.

 Excited to see more people try though !

Does hardware require a different financing vehicle than VC?

Healthcare investor by day, web3/AI tinkerer by night. 🟪 Host: /venturecapital /theitinerant

probably, Entrepreneurial States. I think it is one of the only areas where I would like to see goverments step up more to take in risk at early stages vs private sector.

Follow to get the best of Farcaster using @mbd - AI Recommendation Engine for Web3. @a16zcrypto css23. Ex-ML Lead @Chainlink. Ex-Sr Data Scientist @AWS.

Not sure what country you’re in but the U.S. invests billions per year, they just do it by contracting with private sector actors.