#117 Lotus: Hardware Hail Mary

Despite a decade in engineering at Apple, Dhaval Patel didn’t have any smart technology in his home. So he designed a ring that converts every home into a smart home – using old technology found in your typical TV remote. But hardware startups are extremely difficult to get off the ground and many VC’s avoid investing in them altogether. Can Dhaval convince our investors that his 10 prototype rings will turn into a 10 billion dollar business? Today’s investors are Paige Doherty, Neal Bloom, Elizabeth Yin, Mark Phillips and Charles Hudson. To learn more about Dhaval's hardware startup, Lotus, and the investors featured on this episode, check out the Lotus show page. If you want to go deeper on each company featured on the show, subscribe to our newsletter The Pitch Insider. Enjoying the podcast? Use this link to text a friend! Learn more about your ad choices. Visit podcastchoices.com/adchoices