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1/ I have been thinking about @pmarca post this past week.
Here are some of my thoughts on his excellent essay.
—> “How To Build If…Its Time To Build?” https://link.medium.com/mndulc7AS5
Here are some of my thoughts on his excellent essay.
—> “How To Build If…Its Time To Build?” https://link.medium.com/mndulc7AS5
2/ Lux is one of a few large VC firms that has routinely invested behind deep technologies and in complex hardware/software companies . These companies are founded by entrepreneurs who imagine a better tomorrow, and then dedicate their lives to making their vision possible.
3/ For example: @DesktopMetal, @saildrone, @zoox, @AirMapIO, @EvolvTechnology, @veobot, @KymetaCorp, @RecursionPharma, @anduriltech, @PivotalCommware, @shiruinc, @latchaccess to name just a few...
4/ As I think about challenges that such deeptech companies face – and there are many – a few immediately come to mind:
• Lower margins
• Long sales cycles
• Complex supply chains
• Regulatory hurdles
• Capital intensity
• Fewer acquirors
• Lower margins
• Long sales cycles
• Complex supply chains
• Regulatory hurdles
• Capital intensity
• Fewer acquirors
5/ In post above I give some thoughts on each of the above.
But most importantly, **it is time for action**. Inaction on building what we need to survive and thrive despite natural or human caused disasters (such as pandemics or climate change) is not an option.
But most importantly, **it is time for action**. Inaction on building what we need to survive and thrive despite natural or human caused disasters (such as pandemics or climate change) is not an option.
6/
I am ready. @Lux_Capital is ready. Are you?
If you’re ready to build the future we want to hear from you. Lets do this!
I am ready. @Lux_Capital is ready. Are you?
If you’re ready to build the future we want to hear from you. Lets do this!
