@vamsi_mudumba Ok as we get to wrapping this up, I think you should focus on a couple of possible things 1/n #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@vamsi_mudumba Consider crowdsourcing a part of the initial $250k needed + finding 1-2 investors w/ experience w/ manufacturing #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@vamsi_mudumba Use $250k to deliver units 2 early adopters who can evangelize for you. Bring on team member w/ h/w distro exp 3/n #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@vamsi_mudumba And someone w/ strong h/w marketing exp to help formulate strategy. Last 2 can be advisors now, hires later 4/n #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@pjain @uni_con1 #babapitch $250k would be required before taking pre-orders (including crowdsourced).— vamsi (@vamsi_mudumba) February 19, 2017
@vamsi_mudumba I understand but equity investors will take a large pound of flesh out this early. #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@vamsi_mudumba Finding those that really understand h/w and can help speed up the process and reduce cost will be invaluable #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@pjain @uni_con1 #babapitch This the plan we had. Interacted with above 100 such customers.— vamsi (@vamsi_mudumba) February 19, 2017
@vamsi_mudumba Think of them more as partners than investors and they need to think of themselves as real partners #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@vamsi_mudumba Before breaking this down, I would want to understand where/how the $250k will be spent over 1yr #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@vamsi_mudumba But my short answer is try to bring down the cost, if you can. I don't know since I don't know h/w #BabaPitch— Pankaj Jain (@pjain) February 19, 2017
@pjain @uni_con1 #babapitch We do have a comprehensive break up. $120k on team. Rest will be on product/iterations. Can mail in detail.— vamsi (@vamsi_mudumba) February 19, 2017