Nils Mattisson, co-founder of smart home sensor company Minut, discusses their Kickstarter campaign performance and early demand validation.
0:00 / 0:04exact quote · 4.8s
720p mp4 · rendered on demand · StarZero watermark
“About seven percent of the people who watched the video ended up purchasing the product.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Nils Mattisson
AssertionSupported
Mattisson: Minut analyzes data on-device and transmits only metadata to the cloud
“Like, we make sure to make all the analysis on the device and only pass the metadata to the cloud so that there's no privacy issues.”
Nils MattissonApr 12, 2016▶ 4:39From Apple to Raising $250k on Kickstarter For His New Hardware Company with Nils Mattison EP 230
Insight
Mattisson: Consumer hardware target pricing is 4x manufacturing cost
“Typically in a consumer hardware product, you try to sell it for about four times what it costs to make it. And that's like a rule of thumb that we're following.”
Nils MattissonApr 12, 2016▶ 9:19From Apple to Raising $250k on Kickstarter For His New Hardware Company with Nils Mattison EP 230
Opinion
Mattisson: The environment for angel and VC investing has worsened
“The general atmosphere for angel investing has become worse. And of course, VC is even more so like, I mean, they're trying to be really fast with following the market.”
Nils MattissonApr 12, 2016▶ 14:17From Apple to Raising $250k on Kickstarter For His New Hardware Company with Nils Mattison EP 230
Insight
Mattisson: Correlating sound with air pressure changes reliably detects broken windows
“So if you just drop a water glass and it breaks, it might give off a similar kind of sound, but it won't change the air pressure, which a breaking window will. So when you have these things happening at the same time, you can be fairly certain that, that the w…”
Nils MattissonApr 12, 2016▶ 6:01From Apple to Raising $250k on Kickstarter For His New Hardware Company with Nils Mattison EP 230
AssertionPartly supported
Mattisson: Minut raised $300k from angels and $250k on Kickstarter
“We've raised about 300,000 dollars from angels, and then the quarter million from Kickstarter, and that's up until about now, we're taking about 200 K in another debt round.”
Nils MattissonApr 12, 2016▶ 13:30From Apple to Raising $250k on Kickstarter For His New Hardware Company with Nils Mattison EP 230
Disclosure
Mattisson: Visa restrictions forced me to return to Sweden to launch Minut
“And unfortunately I wasn't able to stay in the U S with my visa. So I basically had to leave and I moved back and started the company here.”
Nils MattissonApr 12, 2016▶ 3:29From Apple to Raising $250k on Kickstarter For His New Hardware Company with Nils Mattison EP 230
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.