Schlaffman: Crowdfunding lets hardware startups prove concepts to early buyers
Steve Schlaffman · Panel Discussion // NYC Data Business Meetup // May 2013 · Dec 5, 2013 · at 2:49
Steve Schlaffman, a venture capitalist at Lerer Ventures, explains how macro trends in crowdfunding alter the venture landscape for hardware startups.
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“Historically, getting hardware companies funded was very difficult, and this allows companies to essentially prove their concept with an initial audience, which is really key.”
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