Susan: Bright Machines secured tens of millions in annual revenue from Flex
Lior Susan · His robotics startup raised $400M, his VC fund over $4B—& he ran both at the same time. Here's ho... · PMF Show · Nov 4, 2024 · at 19:56
Lior Susan explains the commercial terms Bright Machines negotiated with manufacturing giant Flex (Flextronics) during their corporate carve-out.
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“We actually got, I think we did a really good job understanding that we needs Flex to provide us a couple of a low tens of millions of dollars in revenue every year for the next couple of years so we can just focus on them rather than go out and trying to sell to the whole world to help us get the product roadmap of where it needs to be.”
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