Building a Hardware Company - 10 to 1

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If you're going to build a hardware company come prepared with a large bankroll. Elon really got SpaceX going was he had $100 million out of his PayPal. This is why partnering with somebody who's already had success can be such a good strategy here.

In this episode, Dakin and Peter discuss tips for new entrepreneurs, how to build a successful company and the power of venture capital for the economy.

You will learn about:

04:37 | The story of Prime Movers Lab
22:25 | The 'do's & don'ts' for new entrepreneurs.
35:47 | Ambitious Vs. Conservative: creating balance for your company.

Dakin Sloss is a venture capitalist, founder, entrepreneur, and philanthropist. He is the founder and General Partner of Prime Movers Lab, a VC startup that’s become the world’s leading partner in breakthrough scientific startups.

Learn more about Prime Movers Lab.

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