Colin Angle Quotes
There are so many opportunities to make a bad decision in building a robot company on top of all the normal ways that entrepreneurs screw up that it is incredibly difficult to truly create value because it is so cost-sensitive.
Topics
Automation
Robots, Robotics
Cost Effectiveness
Entrepreneurs, Enterpreneurism
Investment, Investments
Risk-management
Strategic Planning
Entrepreneurship
So Many Opportunities
Business Model
Market Analysis
Robotics Industry
Startup Challenges
Technical Complexity
Value Creation
Decision-Making
Business Difficulties
Innovation Hurdles
Entrepreneurial Risks
Citations
Angle, Colin. "The frontiers of robotics: An interview with iRobot's Colin Angle." McKinsey & Company, May 2015.
Related Quotes
iRobot Corporation is an American technology company that designs and builds consumer robots. It was founded in 1990 by three members of MIT's Artificial Intelligence Lab, who designed robots for space exploration and military defense. Incorporated in Delaware, the company's products include a range of autonomous home vacuum cleaners (Roomba), floor moppers (Braava), and other autonomous cleaning devices.