Venture Declassified
Venture Declassified
Mike Kelly, Ben Pidgeon, and Jacob Schpok
Investing in Hardware: Honest Timelines, Burn Rates, and Brutal Truths
51 minutes Posted Feb 16, 2026 at 12:00 pm.
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In this episode of Venture Declassified, Mike Kelly and Jacob Schpok are joined by Grant Chapman, co-founder of Glassboard, along with GrowthX Partner Jeanette Renshaw for a candid conversation about what it really takes to build—and invest in—hard tech. Drawing from deep, hands-on experience across hardware, medtech, and physical product development, the group unpacks why hardware timelines routinely stretch, why testing and validation are chronically underestimated, and why optimism is ofte...