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True but that reality applies to all your competitors. Your investors should care about your performance relative to the market.
by whiplash451 2y ago
True but that reality applies to all your competitors. Your investors should care about your performance relative to the market.
- progbits 2y agoNot to your competitors in Shenzhen, they can get basically any part within one day or can get any prototype made easily.
- llm_trw 2y agoThey also get it stolen even faster.
- tomhoward 2y agoInvestors are generally wanting to see little existing competition so that’s not really the issue. They’re more concerned with factors that will cause the company to self-destruct. Running out of money before hitting PMF and growth is the most common failure mode for any startup, and is much more likely with any hardware startup, due to the dramatically slower iteration times.