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?

Building something new. Host: /venturecapital /adventures /theitinerant

Yeah, this one is tricky. I’m looking at a PE play now in acquiring a public manufacturing company & bringing in startup/venture building services & HW products bringing in revenue from day 1 through the parent company. I’m exploring fundraising & listing on a stronger exchange to do so as there’s more access through capital markets, money markets, OTC, bond markets. I just figured, hey I have access to retired bankers who like to have fun with creative finance so why not give it a go? 

Instead of investing, my plan is to drive revenue direct - cutting out initial needs for sales/marketing teams to get products developed.

Investing in Space & Deep tech with sustainable models for humanity. Advisor for ASRI Space & Space Babies research 
Classic cars & VR nerd 😎

Yes, HW. Company to acquire is electrics manufacturer. 

I have startups in:
- robotics
- iOT cybersecurity 
- AR Glasses (also have lens manufacturer in SG too for ease of assembly) 
- graphene battery technology 

All in my dealflow pocket rn