Fantastic presentation! Thank you for your knowledge and focus on hardware, a space that so many VCs exclude outright, or are under-specialized to address. Also, nice oscilloscope :-)
I think its important to note on the revenue versus sales slide that gross margins tend to increase due to economies of scale with more "devices sold" (i.e. volume price breaks or fundamentally implementing lower cost manufacturing processes).
In Bangalore we have drinking water issues, and many people who live here are migrants from different cities out here for a tech job. They don't want to own a purifier for a temporary basis. So there is a company which sells water purifiers as a service. (An example for consumables for h-aas) Basically for a customer - 1) access to good quality goods, 2) costs lower than emis, 3) good for short terms like 1-2 years
"how do I stop other people from doing this?" -- this question gets asked multiple times. you don't. that's how innovation works. people copy you. DRM and patent lawsuits cost money and they don't improve the consumer experience. make more stuff, let other people be ripoff artists if that's how they wanna live life. sue somebody if they directly steal your work and claim they invented it. otherwise, take the knockoffs as a compliment and a validation that you made something people really like.
Best one of these series that I've seen.
Fantastic presentation! Thank you for your knowledge and focus on hardware, a space that so many VCs exclude outright, or are under-specialized to address. Also, nice oscilloscope :-)
Just skip to 14:27
I think its important to note on the revenue versus sales slide that gross margins tend to increase due to economies of scale with more "devices sold" (i.e. volume price breaks or fundamentally implementing lower cost manufacturing processes).
In Bangalore we have drinking water issues, and many people who live here are migrants from different cities out here for a tech job. They don't want to own a purifier for a temporary basis. So there is a company which sells water purifiers as a service. (An example for consumables for h-aas)
Basically for a customer - 1) access to good quality goods, 2) costs lower than emis, 3) good for short terms like 1-2 years
Great presentation. Thank you.
Amazing, great stuff 👏
Precious info, because people just talk about software startups.
Thank you!
HWaaS example for consumer can probably be Robin Autopilot (service of robots and people trimming grass).
"how do I stop other people from doing this?" -- this question gets asked multiple times.
you don't. that's how innovation works. people copy you. DRM and patent lawsuits cost money and they don't improve the consumer experience. make more stuff, let other people be ripoff artists if that's how they wanna live life. sue somebody if they directly steal your work and claim they invented it. otherwise, take the knockoffs as a compliment and a validation that you made something people really like.