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What does the product being physical have to do with its value?
by wcummings 13y ago
What does the product being physical have to do with its value?
- HCIdivision17 13y agoHaving a functioning prototype that is good enough to sell is a massive hedge against failure. Even if the company flops, the tech is going to be worth _something_ substantial. This is in contrast to a device that exists on paper only: concepts are useful, and engineering has value, but without an physical device there are a lot of reality checks left. It's the hardware equivalent of ideas are cheap, but implementations are where real value lies.
- wcummings 13y agoYou can have a functioning prototype of a intangible good (software), this also requires engineering effort and holds tangible value.