Robotics has been VC's favorite way to lose money. ~10 cents returned for $1 invested over the past decade. Hardware is hard, they said. They were right.
At our partner offsite, I presented on Physical AI. "This time is different."
Famous last words! But converging tailwinds are rewriting the equation: powerful VLMs, edge compute, lower cost hardware, and top talent commercializing breakthrough research.
Publishing excerpts from the internal presentation w/
@AlexandraSukin @bhavikvnagda
Why this time is actually different, what we're looking for, what we're avoiding.
Founders, hit us up!