creating a phone?
even if creating a phone is easy, selling it is not easy.
managing $5m is not easy.
Discussion
yep, I created a phone with extra sensors/actuators back in those days.
Managing 5m is easy. As long as the team is focused on the delivery, things will work out fine.
The only question, like you said, is sales. But the quantities are so low that it should be easy.
seems cool. why you did this? fun?
basically you need to think apple and samsung are out there. and we have some companies selling open source phones that are not that known.
even if you don't fail, you can't earn enough money. maybe being just an small company.
also, how someone can gain 5m for start?
I needed a computing unit for my medical devices. We tried an out-of-the-box phone and a our own phone from scratch. In the end, the out-of-the-box phone won. But only because the business was focused in the medical part and couldn't get distracted with phone stuff.
Apple and Samsung are not really competitors. Sure, they make phones, but not privacy-focused phones. The brand can stand on its own.
You don't need to earn much money at this level, you just need enough to get to the second round of devices that can do bigger volumes.
Many VCs can give you 5M if you have the skill and the real desire to pull this off.
great stuff. seems cool. đź‘€
Hard is the pathway to the Light. If it’s “not easy” that means it’s the right thing to do.