stevedc3

Totally agree. Investors are the worst at pushing this. And they do it with a lot of psychological tactics. We’ve been really fortunate to have great lead investors who are available to us and support us too. I think it’s very rare.

We (OP here - Estimote) have a significant team in Europe doing just that. Working on sensor networks. Interestingly our customers are in the US and we went through YC and have mostly Silicon Valley investors.

OP here. Thanks for reading. Good comments.

As far as winning out vs competitors, efficiency can be key. There is no question there.

One of the things about frontier tech (autonomous, AR, sensor networks, ML) is that many people are funded and do it too early. So they need to somehow last.

Most startups spend the money within two years or less. It’s programmed into the psychy. A Sequoia would never admit this but they want you to spend your money fast and move on to the next thing if you aren’t growing fast enough. Buying one more year can be crucial.

Thanks yes I totally meant scale. Main cost of new ASIC chips is design and fabrication. Only serve a very narrow specific purpose and all that cost is sunk. But after that, unit production chip cost is negligible.