I don't think you need any investment money, you need a vialable, innovative idea that can be converted in reasonaqble amount of time into profits...investment money can be always found, there are billions waiting to be invested...we are short on innovative ideas, not on investment money...there is definately some room for IP start-ups as large companies have difficulty innovating
Thanks. That seems like a pretty reasonable arrangement, Brian. I'd be interested to know how that worked out and whether companies still do that. It would make an interesting discussion for a future blog, I think.
I somewhat agree with a few of these statements. It is not hard to start up a company these days if you have a good idea, technology, and yes... money. If you don't have money, it will be very challenging for a startup company because banks today are not providing loans to startup applicants like in the past; and research and development is very important. So, if you have money, you can try and try again. Otherwise, it will be very difficult. Yes, it is about the money.
A while back, perhaps a couple of years ago, I seem to remember some SoC companies were offering startups the ability to insert their IP into one of their SoC platforms. The SoC company provided 90% of the design already worked out, and had all of the tools and knowhow to take it through production. In return, the SoC company got first dibs on the IP if it proved to be successful. Not sure if anyone used this path.
I agree it's getting harder for startups on many levels. Many people have great ideas -- the seed of innovation -- but face higher hurdles into turning that vision into reality. It's great that many companies offer incubators; otherwise, we might be stuck with something more like the biotech industry model where startups often collapse before raising the 4-6 rounds of financing they typically need to bring a product into production. In the long run, big companies truly help themselves by helping innovators to break new ground.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.