Cost Differentiation Portfolio Seed Money 
Both Sides of the Table
MARCH 25, 2016
Lately I’ve been having to say things I thought I’d never have to remind people, like, “getting to positive gross margin in several territories is a very low bar to claim success” or “profitable excluding marketing costs” is not actually a real thing. But not doing basic research makes no sense.
Version One Ventures
APRIL 30, 2013
Hardware requires time, money, and inventory. As a result, most venture capitalists are reluctant to touch hardware projects, opting for the lower costs and smaller risks of software. Crowdfunding sites like Kickstarter and my portfolio company Indiegogo are helping fill the financing void for hardware projects.
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