"When you go around research labs, or you talk to start-ups, they have really good sensors, and then you ask them how long they work. They say 'six months'. That's great for R&D... but in industry, I want this robot to work for 10 years," he says.
The hard truth? Raising venture capital too early can cost you control, leverage and even your company. Early capital is often highly dilutive, selling off your future before your blueprint is complete. The difference between lighting a spark and burning your equity to ash is a lesson many founders learn too late.
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