Award those who would truly benefit from receiving the recognition.

1/ A humble suggestion for awards/prizes given to faculty members.

2/ Might not be a bad idea to have very few and select awards be given to faculty members who have already obtained tenure.

3/ And reserve a majority of the rest of such named awards (that often come with small $$ attached) to non-tenured faculty, those still trying to make it.

4/ I have noticed, since my PhD days, that senior faculty keep adding prizes to their already long CVs. Reality is that…

5/ …they don’t really care about such awards and just add trophies to their shelves. It’s like a celebrity getting likes on their tweets. At some point you stop caring. And giving orgs don’t get to do the hard work required in selecting among those not already proven.

6/ In contrast, young and upcoming scientists would value such awards much more. It would mean so much more to their careers.

7/ And they

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The Future of Spaces

No, not SPACE…spaces. As in, industrial facilities, commercial real estate, oil & gas plants!

Over the last handful of years, some of the biggest advances in technology have been in the fields of computer vision, machine learning, artificial intelligence and robotics. When you combine all of these and apply them to some of the largest sectors in the economy, you get openspace.ai.

I am proud to announce that Lux Capital just led a seed round in OpenSpace. As part of the investment, I am joining the company’s board of directors.

While OpenSpace’s technology and offering are compelling enough on their own, what I’m most excited about is the people. The founding team, which originally met at MIT, has a proven track record in tech startups:

Jeevan Kalanithi was the co-founder and CEO of Sifteo. The company was bought by 3D Robotics, and Jeevan later became President. Lux invested in other

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Yes, Checks…But Also Balances. Provide Honest Feedback to Entrepreneurs.

I recently met an entrepreneur who was working on what he seemed over-excited to label a ‘crazy idea’. My team at Lux routinely invests in ‘tech rebels’, the misfits and technology contrarians who challenge the status quo, and create the future. We are not scared off by ‘crazy ideas'.

But unfortunately this idea was more bad and half-baked than crazy. It was in a technically complex space, but there were lots of badly thought through assumptions in the business case, and not enough details were flushed out. The optimism was not only apparent, but also over the top.

While it was clear we would not invest in the company, unfortunately I also felt this was one of those ideas that would get funded by someone in the current investing climate. I provided feedback to the entrepreneur on some specific things in the plan, but as a parting thought I also asked the

Continue reading "Yes, Checks…But Also Balances. Provide Honest Feedback to Entrepreneurs."

Yes, Checks…But Also Balances. Provide Honest Feedback to Entrepreneurs.

I recently met an entrepreneur who was working on what he seemed over-excited to label a ‘crazy idea’. My team at Lux routinely invests in ‘tech rebels’, the misfits and technology contrarians who challenge the status quo, and create the future. We are not scared off by ‘crazy ideas'.

But unfortunately this idea was more bad and half-baked than crazy. It was in a technically complex space, but there were lots of badly thought through assumptions in the business case, and not enough details were flushed out. The optimism was not only apparent, but also over the top.

While it was clear we would not invest in the company, unfortunately I also felt this was one of those ideas that would get funded by someone in the current investing climate. I provided feedback to the entrepreneur on some specific things in the plan, but as a parting thought I also asked the

Continue reading "Yes, Checks…But Also Balances. Provide Honest Feedback to Entrepreneurs."

Forging the Future with Metal

With its office-ready metal 3D printing system, Desktop Metal has reinvented the way engineering and manufacturing teams produce metal products and parts — from conception and prototyping all the way to mass production. Manufacturing will never be the same.
At the intersection of business, economics and politics in the United States, there is no subject more controversial than manufacturing. The media can’t decide whether to put the blame on international outsourcing or robots, and you don’t need to look much further than the White House’s PR-driven “Made in America Week” campaign to see that this is a white-hot issue. At stake is nothing less than global leadership. The critical many-trillion-dollar question: What is the future of manufacturing? At Lux Capital, we are partnering with a number of different companies that are stepping up to answer this question, using cutting-edge technology to architect a new future. Desktop Metal is leading the charge with metal
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Keeping a Lookout

A stellar security team: David Selinger and the crew from Deep Sentinel
When you’re headed out of town, you probably ask a neighbor or two to pick up your mail and keep an eye on your place while you’re gone. You might even have a neighborhood watch on your block, where folks look out for one another. Now imagine a souped-up version of that. Everyone in your community would have the most technologically-advanced security system, including night-vision cameras and smart alarms, all of which are powered by a super-intelligent computer that could learn about human behavior and help prevent crimes from happening in the first place. That’s Deep Sentinel. I’m excited to announce our investment in Deep Sentinel, which officially came out of “stealth” mode today and announced a $7.4M Series A raise. My firm, Lux Capital, was the first institutional investor in the company’s seed stage last year, and
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Changing How Metal Is Manufactured — Future of engineering, design and manufacturing

Big day today for our portfolio company DesktopMetal. They are revealing two metal 3D printing systems covering the full product lifecycle of metal parts production — from prototyping to mass production. These two systems are called DM Studio, and DM Production, and together they are expected to change how metal parts are designed and manufactured across industries. (Check out detailed reviews of the technology in Technology Review and Develop3D).
Metal 3D printing has traditionally been expensive, slow, and hard to work with in the absence of large upfront capital commitments in technology and infrastructure. DesktopMetal was founded in late 2015 to change that forever. Lux Capital is proud to have been associated with it since the beginning (here, and here), and now so excited the company can finally talk publicly about how they are revolutionizing the manufacturing sector. Ric, Jonah, Matt and the rest are really
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