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The beautiful thing about this is that any half-bright kid could come along and kick these executives to the curb. There is zero technical barrier to entry in h
by dreamcompiler 7y ago
The beautiful thing about this is that any half-bright kid could come along and kick these executives to the curb. There is zero technical barrier to entry in home automation products; the technology is dead simple. The only problem is that you cannot get conventional VCs to fund it because the only way to achieve high-growth and a rapid 10x exit is to spy on people. But if capital were available for moderate-growth, sustaining companies, privacy-respecting HA would be an easy market to penetrate.
- kortilla 7y ago> But if capital were available for moderate-growth, sustaining companies, privacy-respecting HA would be an easy market to penetrate. There is, you’ve described a small business loan. The problem is that you can’t be entering a new field. No investor wants to give money for a high risk, low return investment.