2019 Was A Tough Year For Hardware Startups

2019 Was A Tough Year For Hardware Startups

We saw some massive Tech IPOs in 2019. Lyft, Airbnb, and Pinterest are among them. However, hardware startups haven’t faired as well. Peloton and EHang went public this year and they’re both down as the year comes to a close. Last year, Sonos and NIO had IPOs that still haven’t paid off for early investors. 2019 proved to be a difficult market for hardware manufacturers. Now might not be the best time to take hardware-based startups public.

About the Author

avatar KALE: A geek who works in the IT field and lives in Dallas, TX. He is also a music geek who has played in several local bands. Previous to his IT career, Kale worked as a photojournalist. He brings technical advice and artistic counterpoint to the podcast.