Why is a long-term commitment critical for deep tech founders seeking investment?
Replied byPawan Kumar Chandana
Co-founder & CEO at Skyroot Aerospace
Niche: Technology
Revenue: Pre-Revenue/month
Location: Hyderabad, Telangana, India
Started: 2018
Building a rocket takes at least ten years. If the founders had told me they would try for two to three years and see what happened, I would not have invested. Their willingness to dedicate the rest of their lives to the mission was the ultimate clincher.
0
From the Full Interview
This answer is part of a full interview with Pawan Kumar Chandana, Co-founder & CEO at Skyroot Aerospace.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Pawan Kumar Chandana's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
Why did you target the defense sector when other tech founders avoided it?
By Brian Schimpf
Technology
Approx. $183.3 Million/mo
Why do you advise founders to avoid Benchmark Capital and activist investor coups?
By Travis Kalanick
Technology
Not Publicly Disclosed/mo
Why is it critical to respect users' attachments to their virtual identities?
By David Baszucki
Technology
Approx. 400 Million USD/mo
Why do you regret chasing hot tech trends early in your engineering career?
By Garry Tan
Technology
Not Publicly Disclosed/mo
How are mid-career founders in their thirties and forties leveraging AI agents?
By Garry Tan
Technology
Not Publicly Disclosed/mo
How do you blend a fast paced software culture with safety critical hardware?
By Brian Schimpf
Technology
Approx. $183.3 Million/mo
What are your thoughts on proposals for the government to take equity stakes in tech startups?
By Brian Schimpf
Technology
Approx. $183.3 Million/mo