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Y Combinator Cast

10/31/24

@ Y Combinator

The misconception that you need to be a billionaire or raise tons of money to start a hard tech company is false; companies like Astranis prove that it's possible to start with limited resources.

Video

You Don’t Have To Be A Billionaire To Launch Satellites

@ Y Combinator

You Don’t Have To Be A Billionaire To Launch Satellites

10/31/24

Related Takeaways

Y Combinator Cast

10/31/24

@ Y Combinator

Astranis began as a small startup in a downtown San Francisco apartment, demonstrating that you don't need billions to start a hard tech company.

Y Combinator Cast

10/31/24

@ Y Combinator

You don't need to be Elon Musk to start a hard tech company; with domain experience, a great co-founder, a scrappy mindset, and perseverance, regular people can launch hard tech companies too.

Jared Friedman

09/20/19

@ Y Combinator

Starting a hard tech company can be easier than starting a simple company, as the challenges of gaining interest and investment are often less daunting for ambitious projects.

Y Combinator Cast

10/31/24

@ Y Combinator

In 2016, Y Combinator funded three aerospace companies, including Astranis, which have since become billion-dollar companies, showing that it's possible to succeed without a billionaire founder.

Y Combinator Cast

04/12/24

@ Y Combinator

Many hard tech founders mistakenly believe they need large amounts of funding upfront, but Y Combinator encourages them to think like software companies and find ways to progress with less money.

Y Combinator Cast

04/12/24

@ Y Combinator

Even if you're not a natural fundraiser like Elon Musk, you can still build a successful hard tech company by thinking like a software company and surrounding yourself with the right people.

Y Combinator Cast

04/12/24

@ Y Combinator

You don't need to be a billionaire or have multiple exits to succeed in hard tech; being smart and surrounding yourself with capable individuals is key.

Y Combinator Cast

04/12/24

@ Y Combinator

Running a hard tech company can be easier in terms of attracting interest and investment compared to traditional startups, as ambitious projects often rally support from various stakeholders.

Jared Friedman

09/20/19

@ Y Combinator

A hard tech company requires significant time and money to build its first product, and even with ample resources, it's uncertain if the product can be built at all.