hardware

“You can't really do much in hardware for less than five million bucks”

“We do a lot of hardware, and I don't know why, it always seems to take seven million dollars to get to a commercial product.”

“Anything that's hard to do is hard to disrupt. And there's a lot of SaaS and AI going on in the market right now, and for us, it's like, once we have a hardware component there, it's very difficult to remove, just because the city doesn't want to have to make …”

“I think for our firm in the hardware space, I usually look for companies that like are a bit further along from a revenue perspective, and I think That's just the risk tolerance that I personally have as an investor for hardware.”

“I think it boils down to hardware is not an area that we feel like we have a specialty, and it's a challenging thing for us to step in and support hardware business.”