Published Sep 6, 2023

#117 Lotus: Hardware Hail Mary

Explore how Dhaval Patel's groundbreaking smart ring technology aims to revolutionize home automation, benefiting the elderly and disabled, while showcasing strategic pilot programs and funding success stories that defy traditional hardware startup hurdles.

Episode Highlights

Topics covered

Episode Highlights

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Dexa/The Pitch

#117 Lotus: Hardware Hail Mary

Topics covered

Popular Clips

Fundraising Dynamics

Smart Home Innovations

First Payroll Excitement

Smart Home Revolution

Founder Vulnerabilities

Funding Challenges

Tech Product Challenges

Rapid Funding Success

Fundraising Challenges

Supply Chain Strategy

Pilot Projects Update

Valuation Negotiations

Episode Highlights

Hardware Innovation

Pilot Program Development

Funding Strategies

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#117 Lotus: Hardware Hail Mary

Topics covered

Popular Clips

Episode Highlights

Hardware InnovationDhaval Patel presents a smart ring that converts homes into smart homes using infrared technology, bypassing the need for complex systems. This innovation aims to provide autonomy and ease of use, particularly benefiting the elderly and disabled.

Hardware Innovation

Pilot Program DevelopmentDhaval Patel's innovative smart ring aims to transform homes into smart environments using existing technology. Despite challenges in hardware startups, his strategic pilot programs and revenue plans showcase potential for significant growth.

Pilot Program Development

Funding StrategiesDhaval Patel's hardware startup, Lotus, defied the odds by securing rapid funding and navigating complex valuation negotiations. His strategic communication and mission-driven approach played key roles in overcoming the typical challenges faced by hardware ventures.

Funding Strategies

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