HAX @ Hello Tomorrow
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The document discusses the emergence of global hardware startups, focusing on the role of crowdfunding and accelerator programs like HAX in enabling innovators in robotics, IoT, and health technologies. It emphasizes the rapid evolution of the industry, highlighting the importance of market efficiency and speed in prototyping, especially in Shenzhen and Silicon Valley. Predictions of the Internet of Things market reaching $19 trillion indicate a significant transformation in how businesses operate, suggesting that adaptation is crucial for survival.
HAX @ Hello Tomorrow
- 2. DAYS ACCELERATOR B2B 111 1/3 STARTUPS 80 KICKSTARTER FOUNDERS & MENTORS 36 300 WE DO HARDWARE
- 4. ROBOTICS IOT TOOLS HEALTH LIFESTYLE SMART HOME WE DO HARDWARE
- 5. $1M+$500K$100K< LIVE!LIVE!LIVE! “#1 VC in crowdfunding” www.kickstarter.com/HAX
- 6. FIRST “FULL STACK” ACCELERATOR Accelerator ($25k-$100k) Shenzhen Prototype Launch Make Sell +$200k Boost San Francisco
- 7. YEARS IN ASIA China, Japan, Korea… INDUSTRIES telecom, web, mobile, gaming, hardware ANGEL INVESTMENTS 15 5 13 50+ KEYNOTES, PANELS, Etc. 12 COUNTRIES China, Japan, Korea, HK, Taiwan, USA, Canada, UK, France, Austria, Germany, Finland @benjaminjoffe - ben@hax.co
- 8. DISRUPTION?
- 9. Internet of Things = $19 trillion market? John Chambers Executive Chairman, CISCO 75 billion “things” connected by 2020
- 11. Founded 2007 2005 2014 Sales $745M $124M 2014 Net $132M ($169M) Funding $66M $563M (9x) Valuation $7.3B $2.3B MORE CAPITAL EFFICIENT Source: Matt Turck, FirstMark, May 2015
- 12. Founded 2010 2009 2014 Sales $12B $10B Funding $1.4B $5.9B (4x) Valuation $46B $50B AS BIG AND FAST AS SOFTWARE Source: Company data, May 2015
- 13. “You Either change & disrupt, or you get left behind” John Chambers Executive Chairman, CISCO “40% of businesses in this room will be irrelevant in 10 years”
- 18. ELECTROLOOM World’s First 3D Printer for Fabric
- 19. 2,000V-19,000V (<500 microamps) Liquid polymer Prints fabric!
- 22. Leverage biofeedback & neuroplasticity (brain changes with new signals)
- 28. Addicted to home blood testing?
- 29. MORE GLOBAL
- 30. SHENZHEN SILICON VALLEY The silicon has left it is now in
- 36. $45
- 38. 1 year 3 months
- 40. JAN 2013
- 41. “The Shenzhen supply chain is just incomparable.” MAY 2015 JAN 2013
- 42. The BEST of BOTH Worlds SHENZHEN PROTOTYPING, SUPPLY CHAIN
- 43. The BEST of BOTH Worlds SHENZHEN SILICON VALLEY PROTOTYPING, SUPPLY CHAIN STARTUP ECOSYSTEM, MARKET ACCESS
- 44. +STRATEGY SOURCING DESIGN BUILDING 111 DAYS SHENZHEN LAUNCH MEDIA PARTNERS DEMO DAY SILICON VALLEY
- 45. SHENZHEN SILICON VALLEYYOU + + Leverage the best resources
- 46. IOT Explosion
- 47. We have “connected” or “smart” things
- 52. Chris Anderson CEO, 3D Robotics “Before you had 6 YEARS Today you have 6 MONTHS”
- 54. Xiaomization Commoditization with disruptive prices and high quality.
- 55. $24$16$13 $64 $18 16,000mAh power bank 1$ Smart button Miband tracker Bluetooth speaker IP camera Action camera $41 Headphones $639 4K TV screen
- 56. vs.
- 57. SCIENCE Biotech, Nanotech, Materials, Medicine, etc. SOFTWARE Algorithms AI ECOSYSTEM Supply + Distribution Developers Users DO SOMETHING HARD!
- 58. IS THIS THE FUTURE?
- 59. Could we make things intelligent and autonomous ?
- 60. Have computers in things Run apps on things
- 61. WELCOME by Netatmo Too few + Not cheap NEST Thermostat $250 $200
- 62. 400 BACKERS + $70,000
- 63. 40,000 BACKERS + $2M
- 64. +
- 65. CAMBRIAN MOMENT
- 70. WHAT IT IS… IS UP TO US