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Why Light Phone Avoids VC and Relies on Angels to Cover $4M Per Model
Each new Light Phone model costs ~$4M just to engineer — before a single unit ships.⁣ ⁣ Joe Hollier breaks down why hardware fundraising is a completely different game than software, and how Light Phone has built a cap table of 90+ individual angels — including co-founders of Twitter, Lyft, and the ex-president of Pinterest — with ...
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