lean hardware

  • Lean Hardware: Breeding Hardware Unicorns

    Lean Hardware: Breeding Hardware Unicorns

    About a year ago, Aileen Lee from Cowboy Ventures wrote her seminal piece on billion-dollar startups, now widely called “unicorns.” At the time, she found 39 U.S.-based software companies fewer than 10 years old in that category. As early-stage investors and hopeful hardware unicorn breeders, we looked into the situation of hardware unicorns and up-and-coming “ponies.” Read More

  • 8 Things About Hardware Crowdfunding We Learned From 20 Campaigns

    8 Things About Hardware Crowdfunding We Learned From 20 Campaigns

    So far HAX startups have run 20 successful campaigns, making us the most prolific investor in crowdfunded hardware projects. As active participants and keen observers, we identified a few ideas that could help creators, backers, media and investors. Read More

  • The Lean Hardware Startup: Investing in Hardware Startups

    The Lean Hardware Startup: Investing in Hardware Startups

    Nest and Oculus got acquired for billions, Jawbone and GoPro are going IPO, multiple projects are crossing the $1m bar on KickStarter. Something is happening in hardware. Yet many investors from angels to institutional investors are still reluctant to getting into hardware before it’s a proven market. At HAXLR8R we typically invest a year before the product hits the market. Here is some… Read More

  • Why Makers Fail At Retail

    Why Makers Fail At Retail

    2014 is starting off with a bang for hardware. The $3.2B acquisition of Nest, a four year old company, is great news for makers. The question is, then, should you be starting a hardware company rather than the next mobile app? In previous columns we covered the first steps: from prototype to production as well as early stage financing. Let’s now look into another trap: distribution. Read More

  • The Lean Hardware Startup: Financing

    The Lean Hardware Startup: Financing

    We can differentiate several steps in the life of a hardware startup: concept, minimum functional prototype (MFP), complete functional prototype (CFP), design for manufacture (DFM), first factory run (FFR) and retail. Capital needs vary according to the stage you’re in and might come from different sources. In hardware, venture capital is essentially about growth. Read More

  • The Lean Hardware Startup: From Prototype To Production

    The Lean Hardware Startup: From Prototype To Production

    If the printing press was about “anyone can read,” the web about “anyone can write,” the hardware ecosystem changed enough to say today “anyone can build.” This idea – that anyone can build – is the cornerstone of the new “lean hardware startup.” Read More