software is from the bay, hardware is from shenzhen
DESCRIPTION
The Lean Hardware motto could be "No Hardware Survives Contact with a Factory" + the 5 rules of lean hardware startups.TRANSCRIPT
Cyril Ebersweiler / 希雷 / シリル
+50
+33
Partner/ Founder
Mentor / Speaker
Investor - Software
Investor - Hardware
HW is the new black
0
50,000
100,000
150,000
200,000
2011 2012 20130
1.5
3
4.5
6
1.33
2.09
5.83
19,181
93,870
195,449
HW BACKERS HW BACKERS %
0
100
200
300
400
2011 2012 20130
0.5
1
1.5
2
0.460.59
1.57
121
248
365
HW PROJECTS HW PROJECTS %
0
125
250
375
500
2012 2013 (RR)
446
209
94
52
HW Funding TOTAL $M
I SCORED $1M ON KICKSTARTER!Now what?
The Plan
SHIP IN 3 MONTHSSTART PRE-ORDERSRETAIL IN 6 MONTHSC.E.S. IN JANUARY
RAISE $10M
Market Timing
Prototyping
Sourcing
Assembly
Quality Management
Soft/Hard Tooling
Planning
Certifications
Fulfillment
Financing
Fundraising
Distribution
CAD
Software
Marketing
Branding
PR
CrowdfundingIndustrial Design
Design for Manufacture
Payments
BOM
GERBER
Customer ServiceFirmware
Team ME/EE/SW/DE/BIZ
Phase 1Prototyping
Phase 2?
Phase 3Profit
Testing
Problem Solved Supplier(s) Selection
Materials Selection
Market Timing
Prototyping
Sourcing
Assembly
Quality Management
Soft/Hard Tooling
Planning
Certifications
Fulfillment
Financing
Fundraising
Distribution
CAD
Software
Marketing
Branding
PR
CrowdfundingIndustrial Design
Design for Manufacture
Payments
BOM
GERBER
Customer ServiceFirmware
Team ME/EE/SW/DE/BIZ
Phase 1Prototyping
Phase 2?
Phase 3Profit
Testing
Problem Solved Supplier(s) Selection
Materials Selection
HW is not SW
“No business plan survives contact with the customer”
#LEANSW
“No hardware plan survives contact with a factory”
#LEANHW
LOW LABOR COST
SUBSIDIZED CURRENCY
IN 2000, SHENZHEN MADE THINGS...
DUBIOUS QUALITY
IN 2013, SHENZHEN MAKES THINGS...
(REALLY) FAST
AT SCALE
FLEXIBLY
and still CHEAPER
HIGH QUALITY
HW STARTUPS WIN WHEN...
GET SCALING EFFECTS
FIRST TO MARKET
KEEP ITERATING
BRING COGS DOWN
GLASS ATARITECHSHOPAVID XBOX ;-)
111 DAYS 60 $300K $10s of Ms$50K
5 THINGS WE LEARNEDwith 30 startups at HAXLR8R(and investing in some more)
#LEANHW
“Some components seemed totally commoditized yet turned out to be difficult to source. So we had to replace them and re-design our circuit board
during the sourcing process.”
Zach Supalla (founder of Spark.io)
RULE #1 DESIGN WITH THE RIGHT
COMPONENTS #LEANHW
$575K
RULE #2A PROTOTYPE IS READY
WHEN IT CAN BE MANUFACTURED #LEANHW
“Visiting a factory in person earlyin the design process brings better design results.
Their engineers can open up new possibilities.Design with your factory.”
- Bunnie Huang (hacker of the Xbox)
$550K
let’s cook better
RULE #3YOUR FACTORY IS YOUR
MOST IMPORTANT PARTNER #LEANHW
“Not every product can be made in a toy factory.Your factory will make or break you, so pick wisely.
Do not have a third party between you and your key suppliers.”
Zach ‘Hoeken’ Smith (founder of Makerbot)
$580K
RULE #4 BE MEMORABLE
#LEANHW
“If you think that brand is as simple as hiring an agency to create your logo, you have a very long road ahead of you. The first step is understanding
that brand is everything you represent.”
Marc Barros (founder of Contour)
$291K
RULE #5 PICK THE RIGHT
BUSINESS MODEL(S) #LEANHW
“The truth is that if your business modelis purely hardware sales today,
your business is essentially over.”
Jay Goldberg (Venturebeat)
$130KFantasy comes to life
It used to be made in Shenzhen
Now it is designed with Shenzhen
WELCOME TO
HARDWARE CENTRAL
2014Year of Hardware
MAKEIT @ HAXLR8R.COM
JOIN US IN SHENZHEN!
Apply NOW
Thanks Ben!
http://www.haxlr8r.comhttp://kickstarter.com/haxlr8rhttp://venturebeat.com/2012/09/15/hardware-is-dead/http://pandodaily.com/2013/10/03/hardware-is-the-new-software-nope-says-marc-andreessen-its-called-hardware-for-a-reason-it-is-hard/http://z.svbtle.com/why-kickstarter-projects-are-always-delayedhttp://www.wired.com/opinion/2013/09/the-hardware-revolution-will-not-be-hyped-heres-what-itll-take-to-make-this-really-happen/http://blog.noupsi.de/post/56881685860/hardware-by-the-numbershttp://financesonline.com/uploads/iPhone-infographic.jpghttp://www.forbes.com/sites/larrybell/2012/04/15/chinas-rare-earth-metals-monopoly-neednt-put-an-electronics-stranglehold-on-america/
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