Disclosure certainty 4/5 debate potential 1/5

Andreessen Horowitz made the commercial drone space's first $10 million investment

Jonathan Downey · 20VC: The Future Business Model For Drones & Why Enterprise Drones Need To Be As Boring As Possible with Jonathan Downey, Founder & CEO @ Airware · May 19, 2017 · at 6:20

Jonathan Downey is the founder and CEO of commercial drone software company Airware, discussing the early venture financing landscape for commercial drones.

0:00 / 0:05exact quote · 5.7s
720p mp4 · rendered on demand · StarZero watermark
“And that led to the first ten million dollar investment into the drone space with Andreessen Horowitz.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Jonathan Downey

Insight
Jonathan Downey says consumer drone innovation enables the commercial drone market
“I think we've seen a ton of innovation actually come from the consumer space, which is proving to be an incredible enabler for the commercial market, because at this point, the consumer drones, which, you know, started as fun flying toys under our Christmas tr…”
Jonathan Downey May 19, 2017 ▶ 7:54 20VC: The Future Business Model For Drones & Why Enterprise Drones Need To Be As Boring As Possible with Jonathan Downey, Founder & CEO @ Airware
Assertion Supported
DJI dominates drone hardware manufacturing through vertical integration in China
“One is actually building the drones, and this is a space that's dominated by players like DJI, which are vertically integrated in China, really focused on being operationally excellent when it comes to manufacturing, and really focused on kind of rapidly itera…”
Jonathan Downey May 19, 2017 ▶ 9:17 20VC: The Future Business Model For Drones & Why Enterprise Drones Need To Be As Boring As Possible with Jonathan Downey, Founder & CEO @ Airware
Insight
Jonathan Downey argues enterprise drone software must be as boring as possible
“This needs to be as boring as it possibly can be. You want your team member to be able to show up with a drone, do as little as possible, have that drone just fly the pattern that's required to collect the aerial data, and then transform that data and deliver …”
Jonathan Downey May 19, 2017 ▶ 11:44 20VC: The Future Business Model For Drones & Why Enterprise Drones Need To Be As Boring As Possible with Jonathan Downey, Founder & CEO @ Airware
Assertion Not checkable as stated
Large enterprise CIOs now evaluate drone technology like standard enterprise IT
“Large enterprises are making kind of enterprise-wide decisions, you know, in the CIO's office about adopting, evaluating, and implementing this technology just as they would a lot of other enterprise IT.”
Jonathan Downey May 19, 2017 ▶ 14:23 20VC: The Future Business Model For Drones & Why Enterprise Drones Need To Be As Boring As Possible with Jonathan Downey, Founder & CEO @ Airware
Prediction Open · timeframe May 2022
Jonathan Downey predicts the FAA will enable beyond visual line of sight
“Today from the FAA you're not able to fly drones beyond a visual observer's ability to see the drone, but that is going to be changing, and the FAA is going to come out with rules enabling you to do that, and there is a number of key technologies that are goin…”
Jonathan Downey May 19, 2017 ▶ 16:51 20VC: The Future Business Model For Drones & Why Enterprise Drones Need To Be As Boring As Possible with Jonathan Downey, Founder & CEO @ Airware
Insight
Enterprises prefer partnering with aerial data experts over developing in-house technology
“I would say most companies, while they may begin thinking this is core to their business in terms of developing some of the drone technology, really realize this is context for them, and it's best for them to partner with a company who really brings that aeria…”
Jonathan Downey May 19, 2017 ▶ 18:06 20VC: The Future Business Model For Drones & Why Enterprise Drones Need To Be As Boring As Possible with Jonathan Downey, Founder & CEO @ Airware
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.