Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Beshara: A six-person drone startup reached $35 million in pre-orders

James Beshara · a16z Podcast | Welcome to the New Era of Commerce · Jan 2, 2019 · at 14:56

James Beshara is the co-founder and CEO of crowdfunding and pre-commerce platform Tilt. He cites this example to demonstrate that small startups do not need established brand names to achieve scale with pre-orders.

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“There's a drone company. They were a six person company. They launch, and within about 30 days, they reached ten million in orders, and then they went on to reach about thirty five million dollars of orders, so you don't have to be a large brand.”

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