Bringing Deep Tech To Market
In deep tech, the growth in follow-on financing over time is generallyslower than traditional soft tech and it's commonly caused by the slower resolutionof technical risk over time. Deep tech investors who come in at this early (prototyping) stage are taking a bet more on the defensibility of the product's intellectual property (IP) and founders' execution rather than the market need.
Why your dog could be your secret career Mentor.
"Learning follows you wherever you go" Literally. Aside from the many regrets I've amassed across my twenty-odd years, nothing has proved more difficult to shake off than my 50kg German Shepherd, Koda. In the rare moments where he's not ambling behind me or running laps around my toes, Koda's either eating, sleeping, or distracted by a "new thing".
Technology Readiness Levels : A System for Transparency
Inventors often find it difficult to communicate their progress to external stakeholders such as grant programs, and especially investors who aren't blessed with subject matter expertise. Without a clear narrative to buy into, investors will reject your project - even if there's a young swan behind those frail brown feathers.
Taking the Route of Royalty
If you're abreast of dramatised entrepreneurial shows from the US, then this might ring a bell. "I'll offer you the $275k, but I want an 8 % royalty per unit until I've doubled my money" It's the words of Kevin O'Leary, a Canadian multi-million dollar entrepreneur and Angel, who over the past decade has garnered popularity as Mr Wonderful on Shark Tank.