[paxys]

Hardware companies have (1) greater costs to get off the ground (2) longer periods of development (3) higher incremental cost per sale (so harder to scale) (4) slower iteration speed, and (5) just overall a lot riskier than pure software. A VC fund is going to see a startup with a groundbreaking innovate hardware device next to one building a cookie cutter SaaS app and still invest in the latter, because it just makes more business sense for them. No one outside of Apple/Google/Microsoft and the like is pouring 10 years and billions of dollars towards releasing a new device.

[ninive]

While I do agree with the topics and perceive them as changing resistance, I would like to add that bootstrapping your community is always a good idea for a successful business, so VCs are not essential. On the other end, I feel that personal data control and the human willingness to daily give away so many tasks are hard barriers on the long distance.