Big companies tend to have very constrained budgetary processes, right? So there isn't just money around to start something. Tobe honest, when we even started fort x, we fhought it was like about two hundred fifty k a to get something. One of the things i were learning is like that number is probably increasing overtime. Now i feel like to get to that very first m v p of one product with one feature that you can sell to a customer is probably five hundred thousand dollars at a minimum....
0:52 Jason intros Ford X's Sunny Madra
4:39 How Sunny got his start in Accelerators working on Tinder with Hatch Labs at IAC
11:47 What is Ford X's thesis on mobility and how do they decide whether to buy or build a company?
16:18 How does Ford X evaluate new ideas & how do they source talent? Sunny speaks about his personal investment in Cabana
22:56 Going from idea to product at a large corporation like Ford
29:29 Assessing risk-taking in early-stage ventures at a major company
35:02 How COVID has impacted Ford's stance on mobility & micro-mobility
42:10 Thoughts on bikes, car subscriptions, Ford's resilient commercial business
50:36 Ford's movement in the EV & autonomous vehicle space