All in + Entrepreneurship
Above anything, raising money through ICO instead of via VCs really put a question mark, IMHO, on the founders' ability to convince, which to me is the key quality of a good founder.
While I do not have any insider information, it seems to me that the company treated manufacturer just like that, a manufacturer. Usually if a company chooses an EMS partner properly and has honest and frank collaboration, this kind of surprise won't happen, let alone switching manufacturers.
However, in the case of banking, startups are NOT doing better than traditional banks.
AI startups that depend on users giving them data have a classical chicken-egg problem that most platform startups. e.g., e-commerce, sharing economy, etc, are faced with.
As 2017 kicked off for the Hardware Club as usual with a grand firework at CES in Las Vegas and a following week in Bay Area, we've done some heat check with our private network. Here are some thoughts for the investment trends in hardwares for 2017.