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.

Funding Daily: Into the darkness

What do Star Trek and startups have in common? Enterprise and Data play a role in both and nerds everywhere get excited about any news surrounding these topics. Here is today’s round up of funding news. Nerds.

Ignored by venture capitalists, Pebble smartwatch has raised over $4M on Kickstarter and counting

VCs always have a war story about the one that got away. Time to add the Pebble smartwatch to the list. The creators of the Pebble had some initial success raising $375,000 in angel funding. But when it come to raise a series A, Pebble was roundly rejected by venture capital firms that didn’t want to risk betting on a hardware firm. So the Pebble team put their project on Kickstarter, where they have now raised $4.2 million and counting without giving away any equity in their company.