Carl Pei

8 statements across 1 episodes · 1 bullish · 3 bearish · 1 people on the record · first statement Aug 13, 2024 by Carl Pei · across every show →

On the record as a speaker too: Carl Pei's record, appearances and statements → this page counts the times other people say the name.

Everything said about Carl Pei, oldest first

Aug 13, 2024 positive
Assertion Supported
Pei: Nothing sold approximately 600,000 Ear (1) units in year one
“So we ended up selling about 600,000 Units for year one.”
Carl Pei Aug 13, 2024 ▶ 12:26 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
Aug 13, 2024
Insight
Pei: Building a smartphone startup requires at least $100M in capital
“So we need at least a hundred million USD to make a phone.”
Carl Pei Aug 13, 2024 ▶ 7:55 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
Aug 13, 2024 negative
Opinion
Pei: Nothing's cult reputation simply reflects low brand awareness
“I think it simply just means that our brand awareness is too low.”
Carl Pei Aug 13, 2024 ▶ 13:24 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
Aug 13, 2024
Insight
Pei: Early hardware founders must act like Tim Cook, not Jony Ive
“I think for most people they should be 90% Tim Cook, if I'm honest, because survival is the name of the game for hardware. Only when you survive and you pick up in volumes, you pick up in When you pick up the volumes, you can get stronger engineering teams, yo…”
Carl Pei Aug 13, 2024 ▶ 14:32 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
Aug 13, 2024
Assertion Not checkable as stated
Pei: Foxconn historically took inventory risk for phone startups and got stuck
“Foxconn and their competitors, they took on the inventory risk for the startups as well. So when the startups made a big projection in terms of the unit sales and they couldn't deliver, they were fine. Foxconn was stuck with inventory.”
Carl Pei Aug 13, 2024 ▶ 9:25 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
Aug 13, 2024 negative
Assertion Not checkable as stated
Pei: 90% of Nothing's first 5,000 Ear (1) units had charging defects
“For the first batch of year ones 90% of them couldn't charge properly. And at that time, I think we had shipped like 5000 units”
Carl Pei Aug 13, 2024 ▶ 11:27 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
Aug 13, 2024
Insight
Pei: Hardware startups must sequence products to build manufacturing credibility
“If you want to do it, I think you should go ahead, but maybe think about like the sequencing of things. Like in our example, like we had to get the earbuds to sell really well before going into the phone. Like how can we build credibility to the next thing?”
Carl Pei Aug 13, 2024 ▶ 19:59 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
Aug 13, 2024 negative
Assertion Not checkable as stated
Pei: All five smartphone startups Foxconn previously partnered with failed
“Foxconn at that time had worked with like five startups that made phones, and all those five startups have failed.”
Carl Pei Aug 13, 2024 ▶ 8:09 How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years · Y Combinator
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