Hardware Space

topic on 3 shows · 3 statements across 3 episodes

Top Founders the MAD Podcast 20VC

3 statements about Hardware Space, every show

TOP FOUNDERS Assertion Partly supported
Mokuolu: Hardware manufacturing brokers take 15% to 25% commissions
“You have manufacturing brokers in the hardware space. And those people take anywhere between 15 to upwards of 25%, right?”
Rich Mokuolu Oct 15, 2019 ▶ 4:37 1543 They'll Help You Manufacture Your Product for 1/4th the Cost as Other Brokers, $100k in MRR, 20 Customers
20VC Assertion Contradicted
No hardware startup on crowdfunding platforms has ever delivered on time
“Well, no one's delivered on time yet in the hardware space, as far as I know”
Charlie O'Donnell Jun 8, 2015 ▶ 18:27 20 VC 043: How To Be A VC Analyst and Lessons From Union Square and First Round with Charlie O'Donnell, Founder @ Brooklyn Bridge Venture
MAD Assertion Not checkable as stated
Phin Barnes: Hardware startup costs are dropping dramatically, mirroring software trends
“We were inspired to start the fund based on the cost of starting a software company dropping. Dramatically. And now we're starting to see that in, in the hardware space and sort of in the services layer that, that sits on top of what, you know, what cheaper ha…”
Phin Barnes Dec 5, 2013 ▶ 0:41 Panel Discussion // NYC Data Business Meetup // May 2013

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