Discussion

Boundary Conditions

AbrahamParangi: I'm mostly curious how much of that revenue is actual ARR, which is to say contractually recurring. It is pretty dang rare for a hardware company to have nontrivial ARR.

nivekney: Just when I think I cannot see more emdashes, there are more emdashes.

roadbuster: I think Clearmotion has a very interesting technology and product (ride stabilization), but let's paint a full picture here: the company was founded in 2009, took on $370 million in funding, and only recently landed large contracts (a $1 billion dollar deal in 2023 with Chinese auto manufacturer, Nio).I'm sure they were in a constant struggle for survival and had to "move fast" to stay afloat, but their technology is more than a decade in the making.

rryan: I think the super long timelines in automotive make it really hard to succeed. Really impressed with what ClearMotion accomplished given that

JSR_FDED: Optimizing for learning/iteration speed is a solid approach that applies just as much to software development.

yalogin: Depends on how much funding you have, your target audience, target vertical, and how custom your hardware is, no? There can only be so many things you can cut and optimize.