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Hardware Vs Software

2 clips

This Week in StartupsThis Week in Startups

tactical advice

Why build hardware when phones exist? The billion dollar question

Jason challenges a guest named Jesse about the value proposition of creating a new physical device when smartphones can already perform similar functions. The conversation centers on the fundamental question every hardware startup faces: what unique advantage does your physical product offer that existing mobile apps cannot provide?

23:38 - 24:1335s
hardware-vs-softwareproduct-differentiationdevice-strategy

How I Built ThisHow I Built This

founder story

Square's founder reveals why they built hardware when everyone said go software-only

Square co-founder Jim McKelvey explains the pivotal decision to create a physical card reader that plugs into iPhones, despite his co-founder Jack's preference for a software-only solution. He breaks down how they identified the opportunity to replace expensive, bulky $1000 credit card terminals with something portable and affordable.

38:59 - 39:3840s
hardware-vs-softwarepayment-processingproduct-decisions

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