Good news for hardware startups!

// The firm’s Asian connections are particularly important in helping manufacture and distribute hardware, the slide presentation argues, listing Asian companies like Huawei, Tencent, Baidu, and Alibaba among its “mission-critical partners.”

Formation 8 wants investors to think its hardware strategy is a contrarian play. The presentation claims that there are more than 300 startup incubators focused on software, but only 5 focused on hardware. //

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