tldr; The (long) article is simply wrong. It's true that the startup hardware scene in SV died around 2012, since VCs don't like the risk or long timeframes, b

tldr; The (long) article is simply wrong. It's true that the startup hardware scene in SV died around 2012, since VCs don't like the risk or long timeframes, but that just means more software startups. As an illustration, if you live outside SV, try telling your friends and family, "I'm quitting my day job to start (or work) at a startup" and watch their reactions. Especially in Europe or Asia.