How can capital-intensive hard tech startups make progress with minimal initial funding?
Replied byPaul Graham
Co-Founder at Y Combinator
Niche: Finance
Revenue: Not Publicly Disclosed/month
Location: Mountain View, California, United States
Started: 2005
Founders in aerospace or hardware do not need to build complete physical vehicles immediately. By developing rigorous engineering simulations, publishing credible technical white papers, and booking future launch slots, founders establish sufficient credibility to unlock sequential tranches of investor funding.
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