Hardware is Hard — 5 Practical Tips For Startups To Raise Successfully

3 min read

You had a great idea. You built a great team. You know that hardware is a significant part of the product but also provides defensibility. Then why are you still hearing too many polite declines from potential investors? Here are five practical tips to cross this fundraising chasm. 1) Your Weakness Is Your Strength Most VCs shy away from hardware because it is harder to scale: i) you have to manufacture ii) you have to distribute iii) you have to get it quite right the first time unlike software where it is much easier to push a fix or update…...

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Amit Garg I have been in Silicon Valley for 20 years -- at Samsung NEXT Ventures, running my own startup (as of May 2019 a series D that has raised $120M and valued at $450M), at Norwest Ventures, and doing product and analytics at Google. My academic training is BS in computer science and MS in biomedical informatics, both from Stanford, and MBA from Harvard. I speak natively 3 languages, live carbon-neutral, am a 70.3 Ironman finisher, and have built a hospital in rural India serving 100,000 people.