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I catch your drift, but I don't think it's necessarily true for all "hard tech" problems. For example, putting together a proof of concept or even an MVP for a
by mmcclure 11y ago
I catch your drift, but I don't think it's necessarily true for all "hard tech" problems.
For example, putting together a proof of concept or even an MVP for a robotics product (maybe not drivable cars) is totally feasible, but taking that kind of product to market absolutely does require a huge amount of capital. The latter part of that equation is where something like YC is going to provide an immense amount of value.
- vonmoltke 11y agoThe main issue with brassboard prototypes done on a shoestring budget is that they don't show well. On top of that, they carry the risk of not being able to go from brassboard to finished product. This was probably implied by Sam's comment that fundraising will still be harder for such a company.
- mmcclure 11y agoAbsolutely. My point was that something like YC (and other programs, I'm sure) is that they'd at least help. Fundraising for this kind of company is always going to be difficult, but a foot in the door with an investor that might actually understand the end goal is a pretty big win.