Hardware Podcasts

Axel Bichara | How to Work with VCs to Build An Engineering Business

Being an Engineer · 31 Mar 2023 · 46m · Episode 13

What this episode covers

Axel Bichara, Co-Founder and General Partner at Baukunst, explains how his engineering background at MIT and experience founding Premise informs his approach to venture capital. He details Baukunst's strategy of acting as 'company builders' rather than passive investors, emphasizing the importance of founding team quality, capital efficiency, and founder-market fit. Bichara discusses specific criteria for investment, such as the preference for multiple founders to share the burden, the necessity of capital efficiency (achieving product-market fit within 12-18 months), and the critical role of open communication and humility in the founder-investor relationship.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Baukunst, Premise, Vention, Dragon Innovation, Tempo Automation, Pipeline Design & Engineering
Products
SolidWorks, Onshape, GrabCAD, Simscale

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