Hard Tech Company
topic on 1 show · 2 statements across 1 episodes
the Y Combinator Startup Podcast
2 statements about Hard Tech Company, every show
Friedman: Software startups face market risk; hard tech faces technical feasibility risk
“So if your company is building a normal website or a mobile app, you probably have mostly market risk, which is to say you have a new idea. It's not totally clear if people are going to want this thing that you're making, but you probably don't have much techn…”
Friedman: Hard-tech companies face high capital needs and feasibility uncertainty
“So the way I see it is a hard tech company is a company that fulfills two criteria. One, it will take a lot of time and money to build your first product. And two, even if you had lots of time and money, it's not clear if it would be possible to build it at al…”