Building Hardware Products
“Hardware is hard.” When building a hardware business, the margin for error is slim. A minor design change has the ability to delay a launch by months, and cost tens – if not hundreds – of thousands of dollars. Product market fit is essential. Pricing and financial modeling must be accurate. Supply chain, execution, and timing are critical. Come get the lowdown on how to build a budget, schedule, and pitch for a hardware company, and learn about common pitfalls to avoid.
In This Clinic You Will Learn
- Why hardware is so capital-intensive
- Why it takes so much time & iteration
- The importance of supply chain
- What VCs expect to see when being pitched by a hardware startup
- Common pitfalls, and case studies on things that can go wrong
What To Bring
- Your product’s supply chain, or the supply chain you think your product will funnel through
- A sample pitch to VCs regarding your hardware
- Questions on all things hardware
A Bit About Chrissy Meyer
Chrissy has spent the past decade taking hardware products from early concept through high-volume production. After getting her MS in Electrical Engineering from Stanford, she led several projects at Apple and Square. She was also a founding team member at Pearl Automation, a vehicle technology startup. She has developed products that have shipped tens of millions of units, and she has spent over a year on the ground in Asia working closely with manufacturers and suppliers. Chrissy is now a partner at Root Ventures, a seed-stage hard tech venture capital firm. At Root, she invests in deeply technical teams that are solving problems in robotics, hardware, industrial automation, AI, and developer tools.
Agenda
Doors Open: 6:00PM
Pizza & Beverages
Presentation: 6:30PM
Coaching Clinic: 7:15PM
May 14th 6:00pm @ Cruzio