Saved by sari
The Diff | Byrne Hobart | Substack
Techno-Industrials are addressing larger markets than most software companies can.
They use whichever tools they need to provide better solutions to key bottlenecks with better unit economics than incumbents.
They are more capital efficient than most investors expect.
And they have to be more strategically sound than the average software company.
B... See more
They use whichever tools they need to provide better solutions to key bottlenecks with better unit economics than incumbents.
They are more capital efficient than most investors expect.
And they have to be more strategically sound than the average software company.
B... See more
Better Tools, Bigger Companies
Paul Graham points out something Fitbit, GoPro, and Sonos investors have also observed: hardware is hard.
Byrne Hobart • The Diff | Byrne Hobart | Substack
