[Discuss] OSH and Funding
andrew.quitmeyer at gmail.com
Mon Oct 26 18:10:25 UTC 2015
Wanted to probe this group for advice and discussion about small hardware
company startup funding and dealing with open source hardware.
I have lots and lots of discussions with people in companies trying to
convince them to open source their wares, and I get varying reactions. But
one reply i keep getting is that they don't WANT to patent their work, but
patents are the only things that their funders and VC's understand, and so
they HAVE to get a patent in order to get funding.
We have found this is often true in our early probings with my company (
comingle.io), where many VC's that we chat with get a little muddled when
they can't take an idea as clear cut as "they have X amount of patents, we
should invest/ buy the company" back to their company.
It's been a hard sell with funders relying on older models of building
companies, but maybe some of you have been sucessful at it? Maybe one just
needs to find enlightened rich people :)
Andrew James Quitmeyer
Digital Naturalism - PhD
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