Andrew Farah

9 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Sep 7, 2018 by Andrew Farah · said 3 times in 2 episodes since 2018 · across every show →

On the record as a speaker too: Andrew Farah's record, appearances and statements → this page counts the times other people say the name.

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brought up most by Harry Stebbings (3)

every mention, scene by scene, with the transcript →

Everything said about Andrew Farah, oldest first

Sep 7, 2018 positive
Assertion Supported
Density maintained 100% voluntary employee retention over its first four years
“We have a hundred percent retention since our founding four years ago, We've never voluntarily lost anyone.”
Andrew Farah Sep 7, 2018 ▶ 14:31 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
Sep 7, 2018 bullish
Prediction Not checkable as stated
Real-time foot-traffic data will replace fixed transit schedules
“Architects won't have to guess at what rooms to build, and interior designers won't have to argue about whether or not a particular asset got used, and trains won't run on time schedules. They'll run on actual Predictable demand based on foot traffic.”
Andrew Farah Sep 7, 2018 ▶ 25:17 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
Sep 7, 2018
Assertion Supported
4.4 billion square feet of US corporate office space sits vacant
“In the US, there's eleven billion square feet of leased or owned corporate office space, and 4.4 billion square feet of that space is vacant but paid for.”
Andrew Farah Sep 7, 2018 ▶ 17:38 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
Sep 7, 2018 bullish
Prediction Not checkable as stated
Density's sensors could eliminate security tailgating without using cameras
“We can eliminate tailgating. I mean, I'm not entirely sure that that's true, but I think we might be able to eliminate tailgating. And when I say tailgating, I mean, like, two people go into a secure facility through a door and only one badge is in.”
Andrew Farah Sep 7, 2018 ▶ 26:06 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
Sep 7, 2018
Insight
Moving a hardware product to mass production takes 12 to 18 months
“You're looking at 18 months, probably minimum from start. That's like from prototype to mass pro or mass production, 12 months, maybe if you're great at it and you know exactly what you're doing.”
Andrew Farah Sep 7, 2018 ▶ 20:37 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
Sep 7, 2018
Insight
Distribution strategy drives 80% of a company's success
“I think that like 80% of all great companies behind 80% of a company's success is, is typically a really interesting distribution strategy. Sometimes that's a viral method. Sometimes that's a big deal with IBM and in Microsoft's very early days. Sometimes that…”
Andrew Farah Sep 7, 2018 ▶ 16:54 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
Sep 7, 2018
Insight
Users invent more creative applications for fundamental products than founders
“The ones that seem to be really fundamental problems, things that people really care about, For whatever reason, people tend to be more creative with them than you could be.”
Andrew Farah Sep 7, 2018 ▶ 4:29 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
Sep 7, 2018
Disclosure
Density retains hardware ownership and charges solely for data access
“Well, we don't sell the hardware. We sell only access to the data. In fact, we retain responsibility for the hardware itself, so that if a customer no longer needs that door, or if the device breaks for some reason, or if the technology improves for being able…”
Andrew Farah Sep 7, 2018 ▶ 21:55 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
Sep 7, 2018
Assertion Not checkable as stated
Density was the seventh side project of Farah's software consultancy
“Anytime we had excess profits or additional cash, we would put it into side projects, and Density was the seventh.”
Andrew Farah Sep 7, 2018 ▶ 4:02 20VC: The Mindset The Best Investors Assume When Assessing Opportunities, Why So Many Hardware Startups Fail Today & The Right Way To Think About Employee Retention with Andrew Farah, Founder & CEO @ Density
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