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Good luck bootstrapping biotech or robotics company! Of course it’s better to be sole owner, but it does not work when building product takes years.
by lnsru 8y ago
Good luck bootstrapping biotech or robotics company! Of course it’s better to be sole owner, but it does not work when building product takes years.
- badpun 8y agoAre VCs investing in companies that are years from "traction"?
- lnsru 8y agoI know robotics company, that worked with grants, was funded by their first client and then VCs came in. VCs gave them runaway of another 3 year.
- JabavuAdams 8y agoWhat about subcomponents? I.e. becoming a supplier for these industries? Can you bootstrap an actuator company?
- lnsru 8y agoI am currently analyzing how to launch robot affector business in Germany. With physical goods I must be present during sales pitch, video is not enough. It collides with my current corporate job, but it is doable. What kind of actuators do you sell?
- JabavuAdams 8y agoI don't sell any. I just went back to school for Physics and am finishing up first course on EM. I'd like to simulate and build motors from scratch.
- lnsru 8y agoYou need decent manufacturing capability for decent motors like these: https://www.siemens.com/press/en/feature/2015/corporate/2015-03-electromotor.php?content%5B%5D=Corp https://www.siemens.com/press/en/feature/2015/corporate/2015...