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Isn't it a bit of small round for a hardware startup? It's basically the amount of money put in a single 10000 units batch of the latest framework 16. Multiply
by Aissen 2y ago
Isn't it a bit of small round for a hardware startup? It's basically the amount of money put in a single 10000 units batch of the latest framework 16. Multiply that by ~3 to account for lower effective BOM, and I still find this low for a capital-intensive business, that still needs to pay its employees.
- nrp 2y agoWe're generating substantial revenue on our product sales, and we sell our products with positive unit economics. Basically, we don't need new funding to operate the business, we need it to scale into new areas of business that we aren't in today.
- Aissen 2y agoThanks, that's very interesting. Could you share which areas of business you plan on exploring?
- vaylian 2y ago> we need it to scale into new areas of business that we aren't in today. I can't help but think about this thread on printers from Framework: https://news.ycombinator.com/item?id=39133070 https://news.ycombinator.com/item?id=39133070