Jan 15, 2015
detroit labsalumnus
detroit labsalumnus
now:protean payment
hardware startups 101
hardware startups 101( or why kickstarter projects are always late)
why is hardware getting popular?
cheap: memory. sensors. batteries.
why is hardware getting popular?
cheap: memory. sensors. batteries. high-level developers welcome.
why is hardware getting popular?
cheap: memory. sensors. batteries. high-level developers welcome. kickstarter derisks demand.
why is hardware getting popular?
cheap: memory. sensors. batteries. high-level developers welcome. kickstarter derisks demand. factory not required.
why is hardware getting popular?
cheap: memory. sensors. batteries. high-level developers welcome. kickstarter derisks demand. factory not required. prototyping on a dime from your house.
why is hardware getting popular?
concept
software
prototype
sellable
concept
software
prototype
sellable
concept
hardwareprototype sellable
concept
software
prototype
sellable
concept
hardwareprototype manufacturable sellable
the shit show
concept
software
prototype
sellable
concept
hardwareprototype manufacturable sellable
hardware is the double black diamond of startups because:
it’s difficult to google. secrets are still valuable. knowledge is stuck in a few minds. no one person has the full picture.
a lot of partners are involved
a lot of partners are involvedui designer software dev
a lot of partners are involvedui designer software dev
supply chain creation and management
mechanical engineers material engineers
electrical engineers
tooling
package design and engineering
patents
inventory fulfillment
industrial designer
firmware devsuppliers
demand planning
need a lot of this:
so what makes a hardware startup difficult?
more knowledge. more people.
more money. more management.
more time.
hardware is hard but it’s merely many
solvable problems
hardware is hard but it’s merely many
solvable problemshere’s how to solve the
find the veterans
build a prototype
raise a lot of money. more than you think you need. because you’ll be wrong.
Seed $375KKickstarter $10.3MSeries A $15M
crowdfunding
is your friend.
minimize features for
version 1
prototype resources
arduinoraspberry pidetroit labs
local maker groups
All Hands ActiveMaker Worksi3 DetroitOmniCorp DetroitRibbon FarmTechshop Hype Makerspace
next resources
dragon innovation and pchlemnos labsmarc barros
people who have done itreddit.com
henry balanon
manufacturing for startupshardware incubatorcontour cameras co-founderkickstarter veterans/r/hwstartupsdoing it and tweets articles
thanks
sign up for echo card updates
getprotean.com@balanon #codemi
this slide intentionally not left blank.