Breaking News
Blog

A Startup Needs a Good Board of Directors

NO RATINGS
View Comments: Newest First | Oldest First | Threaded View
barunkd
User Rank
Rookie
Re: Also Strategic Investors
barunkd   4/12/2014 3:30:03 AM
NO RATINGS
Hi Michael,

I think below are key partnerships a start-up in EDA and IP area should work on. When I mention partnership I mean the other partner should have some potential upside in the success of the product and ready to contribute to some extent for that success (one form is defnitely work against equity, but there can be other options)

Schenario 1: Start-up based in US/ Western Europe/ Taiwan/ Japan - These locations have customer base for the product, but these locations are high cost

The required partner:

a. A services company at low cost geography: For EDA and IP the engineering cost is a significant proportion of the product development cost. Hence driving the cost down which in turn result in lower product price and hence most probably higher market share is critical

Schenario 2: Start-up based in India/ Eastern Europe/ China - These locations have low cost, but virtually no customer base

The required partner:

a. A sales and marketing partner, based in customer location, who can help to have at least one customer tie-up at product development phase and can take the products to many potential customer when the produt is ready. In high tech industry it is always advisable to make a product with a potential customer, otherwise the chance of product success decreases dramamtically

 

 

Regards,

Barun

 

Michel Courtoy
User Rank
Blogger
Re: Also Strategic Investors
Michel Courtoy   4/11/2014 1:43:58 PM
NO RATINGS
Hi Barun,

You are absolutely right: the strategic advisors/board members often are the ones that drive the start-up founders to build key relationships to create an ecosystem around the company.  These relationships building should start early and can result in M&A opportunities.

Michel

barunkd
User Rank
Rookie
Also Strategic Investors
barunkd   4/11/2014 4:59:26 AM
NO RATINGS
Yes, having a knowledgable (and well connected) board member is crucial for success of a strat-up in high tech industry.

There are another key component of a strat-up success in high tech industry i.e. strategic investor. An investor who no only brings money, but also brings doamin/ market knowledge as well as connections to the start-up. In high tech industry promoters of most of the start-up makes money when their company gets acquired. A strategic investor can play a vital role in that

Regards,

Barun

More Blogs
Wearables should be as unique as the person who wears them. The NEX Band is a modular wearable device that changes its look and functionality based on the charms selected by the user.
Take a stroll down wearable memory lane in this great inforgraphic from Mashable.
For their first real-world project, a group of budding young embedded engineers decided to create a Rube Goldberg rocket launcher and use it to fly some rockets.
Thanks to 3D imaging software and a special milling machine, dentists can create and install caps in a single visit. That's got to be worth a toothy smile.
It's the law of unintended consequences again, as regulations to reduce energy consumption by reducing power ratings may actually have the opposite effect.
Top Comments of the Week
August Cartoon Caption Winner!
August Cartoon Caption Winner!
"All the King's horses and all the KIng's men gave up on Humpty, so they handed the problem off to Engineering."
5 comments
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Radio
LATEST ARCHIVED BROADCAST
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.
Flash Poll