14. HAX Model
• R&D : where you can hire
• Prototyping : Shenzhen
• Production : Shenzhen
• Customers : home country first, then USA?
• Funding : home country first, then USA?
19. i-Corps Program
• Prepares scientists and engineers
to go beyond the lab and move toward
commercialization.
• “Customer discovery”
• “Get out of the building”
• Talk to 100 customers
• 7 weeks to identify
• Knowledge gaps
• Best path forward
Steve Blank
20. Result
• $70k on Kickstarter
• New product: IoT platform
• $2M on Kickstarter
• VC funding
21. Lessons?
• Closed down!
• New Market?
• Pricing, purchasing, distribution
“Great engineers don't tend to make great business people”
“They were hipsters in an engineer's game.
You need Eggheads, and beancounters to make it solvent.”
52. HAX Sleep Tech
• Kokoon: Headphones for sleep
• Moona: Temperature control for pillow
• Sana: Mask to sleep in 10 min
• Circadia: Contactless sleep tracking & therapies
• Zennea: Snoring treatment