The biggest deep tech risk is solving interesting but unscalable problems
Liron Zvibel · His 1st startup failed—but his 2nd one hit $100M ARR & a $1.6B valuation. Here's what he learned.... · PMF Show · Oct 14, 2024 · at 21:18
Liron Zvibel, founder and CEO of data storage company Weka, discusses why many deep tech startups fail when targeting enterprise customers.
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“In deep tech, there is a big risk on, are you solving the real pain points? And we're, I think we're seeing a lot of deep tech companies that come And they either don't solve a pain point that's painful enough, or the pain point that they're solving is not scalable enough. I can give you tons of examples of great technologies that, that didn't make it. And that's, I think the highest risk because as an engineer, as a tech person, you can get, you can fall in love with solving problems. An interesting problem, but then you realize that the market actually doesn't think it's an interesting enough problem for the large enterprise companies.”
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