Highway1 Vice President Brady Forrest

Yesterday saw an active figure in MDCC, a Silicon Valley hardware start-up incubator Highway1 vice President Brady Forrest. and the new workshop Li Davi also highly recommended, and then about the interview exchange, the original Highway1 has been deep in Shenzhen.

In short, Highway1 is a project of the United States PCH Company, the PCH company is the traditional big company of supply chain management, Highway1 is to help incubate some potential hardware start-ups, especially the hot smart hardware start-ups.

(Brady Forrest)

Interesting place in the Highway1 adopted method, Brady introduced, Highway1 will provide start-up companies with 4-month incubation process, of which 2 weeks is specialized in Shenzhen, so that hardware entrepreneurs to visit Shenzhen Huaqiang North, visit Shenzhen's world manufacturing plant, and potential manufacturers to meet, These all take advantage of the PCH prior to the accumulation in Shenzhen.

At the same time, for the optimistic project, Highway1 will also provide engineer support, there is a mentor system. The ultimate goal is to help transplant the original product model into a productive phase, and a qualified project will guarantee production funds. And they will provide early money of 20,000 yuan.

The money, the person and the effort, Highway1 finally want to get what? Brady says the share is on the one hand, and Highway1 usually takes the stake in the start-up 3%~6%. At the same time, he thinks the startups will be potential customers for the PCH, which is a job that pays to nurture clients.

Highway1 This project is planned for 1 years 2, the first phase was launched in January 2014 and is now searching for good projects around the world. Brady says 9 of the 11 items they currently choose are consumer electronics-related, 2 of which are medical.

Highway1 's hatching is actually an "early Angel", and when it comes to choosing a project, Brady says the most important things are the team, the market and the product, where the good teams are the first.