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I’m going to link to another reply on this and provide some additional color: https://news.ycombinator.com/item?id=36961328 https://news.ycombinator.com/item?i
by ordinaryradical 3y ago
I’m going to link to another reply on this and provide some additional color:
https://news.ycombinator.com/item?id=36961328 https://news.ycombinator.com/item?id=36961328
Getting a product like this stood up is a $100 million endeavor at minimum. That’s before customer #1 presses “buy.”
My father and the colleague I mentioned are both successful serial entrepreneurs (large exits, Sequioa backed unicorn, etc.). There is close to zero appetite from VCs in this.
VCs seem to be allergic to these CapEx intensive businesses and I don’t blame them—the risks are enormous when compared to something like a SaaS.
That said, if you know someone who’s dying to throw hundreds of millions at this problem, he’d probably take the intro. You can email me at super solenoid theory at gmail dot com.
- TylerE 3y agoOn the other hand, the capital intensive nature makes it a lot harder for a competitor to spin up their version overnight and eat your lunch.
- gottorf 3y agoAs pg said, "do things that don't scale".
- OtherShrezzing 3y agoI think Carbon13 and the other "climate emergency" accelerators would be interested in some capacity, at least as a starter. They've got a fairly strong network of Family Houses & trusts. I think you'd get seed money, and a network large enough to raise some serious capital in future rounds.