This Week in Startups

Best of This Week in Startups: Week of November 16th, 2020

Nov 21, 2020
Discover how software is revolutionizing hardware with insights from a leading CEO. Learn about Dishcraft Robotics and their game-changing dishwashing technology that recognizes and cleans diverse dishes. Delve into the importance of mental health for entrepreneurs, highlighting the need for support and open discussions. Explore the growth potential of Airbnb and Robinhood, including their pandemic responses and innovative investment strategies. Plus, get tips on essential services from sponsors that can elevate startups even further.
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ADVICE

Software Focus

  • Focus on software, not just hardware, when building a modern hardware company.
  • Prioritize software development and subscription models for long-term success.
ANECDOTE

Dropcam's Strategy

  • Dropcam, the predecessor to Nest Cam, initially sold off-the-shelf cameras with their software.
  • This strategy allowed them to focus on software and subscriptions from the start.
ADVICE

Understanding the Job

  • To understand a job, do it yourself.
  • Simplify tasks as much as possible for easier robotic automation.
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