Why hardware startups should screw VC and go straight to crowdfunding

Software’s always been the sexy sell of Silicon Valley. With low startup costs, margins on par with the most illicit drugs and the boom or bust mentality of the Internet era, it’s been the sweetheart of startups for nearly three decades.

Tiny processors like this one from Broadcom will make the internet of things possible. #CES2014

It’s time to put the silicon back in Silicon Valley

What happened in the 1990s — the funding gap between hardware and software — is in many ways happening again, to the detriment of our overall tech ecosystem.

Why VCs should love hardware startups

Venture capitalists hate investing in hardware startups for a myriad of reasons. Design and iteration are more difficult. Margins are low.