Hacker News new | ask | show | jobs
by shorbaji 330 days ago
With the construction equipment market at $160B, this certainly is quite a sizable niche. Specializing in it is clever.

And an $80M round sounds sane these days
1 comments
xnx 330 days ago
> With the construction equipment market at $160B

Wouldn't the value of their target market be the pay of operators (~$30/hour)?

link
shorbaji 330 days ago
At first, yes. Longer term, self-driving construction vehicles will likely change the entire market - perhaps similar to how self-driving passenger cars would change that market. Vehicles will be designed differently and consumption-based business models would potentially make up a larger part of the market. Investors are probably see that opportunity.
link