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Hardware startups.
what are the main challenges facing hardware startups? Why are there not many hardware startups as compared to software startups?
- retroafroman 16y ago-They generally have a higher capital investment costs. Most high tech devices cannot be prototyped by a guy in his spare time, unlike a web app. -Difficult to scale from prototype to production -Most high tech manufacturing happens in Asia, which makes it difficult for US based startups to find and communicate with reliable partners -High capital investment costs mean that it is difficult to decrease the per unit cost to the point where high margins can be reaped These are just a few of the considerations, and aren't applicable in every situation.