Hardware Business
topic on 3 shows · 3 statements across 3 episodes
How I Built This 
20VC 
David Senra
3 statements about Hardware Business, every show
Spiegel: Hardware engineering demands a fundamentally different culture than internet software
“The hardware business at its core is just so different than the internet service business that we operate with Snapchat, and, you know, even requires a different execution style, you know, with hardware, like, you cannot make a mistake, right? Like, the things…”
Wood: Hardware Businesses Face Severe Tax and Cash-Flow Lag
“One of my big lessons was the amount of money you have to report on your tax return is unrelated to how much cash you have in the bank. In the hardware business, you know, you got to buy parts, you assemble them, So you got to buy the parts. You got to pay for…”