Tools

Explore

Videos Channels Figures

Atmrix

Tools

Explore

Videos Channels Figures

Atmrix

EM

Eric Migicovsky

10/13/18

@ Y Combinator

If you're not confident in your ability to deliver a product within a certain timeframe, you should avoid using crowdfunding platforms that are heavily focused on shipping.

Video

A Conversation on Hard Tech with Eric Migicovsky

@ Y Combinator

A Conversation on Hard Tech with Eric Migicovsky

10/13/18

Related Takeaways

Y Combinator Cast

01/27/22

@ Y Combinator

Raising money through crowdfunding can lead to negative public perception if a product fails to deliver, making it a risky strategy for hardware companies.

Y Combinator Cast

01/27/22

@ Y Combinator

Crowdfunding can create significant challenges for hardware startups, as many founders lack a clear understanding of costs and timelines, leading to unmet expectations.

Eric Migicovsky

10/13/18

@ Y Combinator

I recommend not trying to create a massive marketing campaign for crowdfunding at the start, as it often leads to failure in delivering the product.

Paul Graham

07/17/19

@ Y Combinator

Founders often hesitate to ship their products quickly due to fear of negative feedback, which can hinder their progress and improvement.

Y Combinator Cast

01/27/22

@ Y Combinator

The best practice for hardware startups is to launch crowdfunding campaigns only after they have developed and tested their product, to avoid creating a negative reputation.

Y Combinator Cast

12/07/20

@ Y Combinator

Transitioning from freelance to working with a startup involves understanding that timelines are fast and decision-making is crucial, especially in the early stages of product development.

Shana Fisher

06/20/14

@ Y Combinator

I believe in taking as much time as needed to perfect your product before launching, especially in a competitive market.

Gaurav Misra

03/27/25

@ Lenny's Podcast

To balance rapid shipping with maintaining quality, I recommend cutting scope rather than compromising on timelines.

Mayur Kamat

05/22/25

@ Lenny's Podcast

Don't take on projects that will take six months to a year because you generally don't have control over the macro environment.