> Few investors were interested in betting on a hardware startup, or dealing with the headaches that often come with manufacturing goods. The statement above

> Few investors were interested in betting on a hardware startup, or dealing with the headaches that often come with manufacturing goods. The statement above doesn't capture how much of a (relatively) recent development it is that hardware is not considered worthy of funding. For perspective: 12 years ago A rounds were running $15-20M for hardware startups. B's were $30-40M.