[Discuss] OSH and Funding

enrico stano enricostn at gmail.com
Fri May 6 23:08:41 UTC 2016


Not much experience on OH startups here, but some in VC. Just drop them.
Find better/saner way to build your thing. Something more sustainable like
crowdfunding etc if needed.

That's just my 2 cents of course.

Best of luck,

Enrico

2015-10-26 19:09 GMT+01:00 Andrew Quitmeyer <andrew.quitmeyer at gmail.com>:

> 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 :)
>
>
> __
>
> Sincerely,
>
> Andrew James Quitmeyer
> Digital Naturalism - PhD
> www.andrewquitmeyer.com
>
>
> _______________________________________________
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> discuss at lists.oshwa.org
> http://lists.oshwa.org/listinfo/discuss
>
>


-- 
· Enrico Stano
·
· twitter @enricostano
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