Boyle: Physical-world startups have a deeper J-curve and struggle at Series A
Katherine Boyle · American Dynamism (with Katherine Boyle) · Acquired · Jun 6, 2022 · at 11:54
Katherine Boyle (General Partner at a16z) explains why investors historically avoided physical-world and defense tech startups in favor of pure software companies.
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“And I think these companies are just harder to build. As we like to say, like these companies go deeper down the J curve. They often don't look that good at series A.”
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