Hardware is the new Software.
Jakub KrzychEstimote, Inc.www.estimote.com
Software
Definition
Physical product ingredients
Microcontrollers
3D printing fabrication
$ / T
rans
istor
/ Hz
Microprocessor Cost per Transistor Cycle-710
1975 1980 1985 1990 1995 2000 2005 2010 2015 2020
-1910
logarithmic plot-110
-610
Reduction in Watts per MIPS
Source: „The Singularity Is Near”, Ray Kurzweil
Exponential growth
Process
Customer validation & fundraising
Boosted boards $465K pledged
Lit Motors $200K Seed
Memoto $475K pledged
Twine $556K pledged
LIFX $1.3M pledged
Lockitron $2.2M pledged
Formlabs Form1 $2.9M pledged
Pebble $10.2 pledged
Pebble Arduino prototype
Double Robotics $250K Seed
Sphero $5M Series B
Sifteo $9M Series B
Leap Motion $12M Series A
Square $3.2B valuation
Apple $607B valuation
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