The World Needs an IoT Toaster

shaun arora
Sep 19, 2018 · 3 min read
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An early pioneer in advanced toaster technologies …
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Sometimes you just need to buffer

The cost to make 1 unit with 3D printers and Raspberry Pi: $80

Non Recurring Engineering (NRE) Cost to get to Mass Manufacturing: $800,000

Estimated Niche Addressable Market: 100,000 units

Future Cost: $40

Customer Acquisition Cost of Niche: $10

Customer Acquisition Cost of Mass Market: $50

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Note: the June is way more than an IoT toaster and sells for $600

MiLA

MiLA Capital is a seed-stage venture capital firm that…

shaun arora

Written by

Fan of @MakeinLA and @NEOSolves

MiLA

MiLA

MiLA Capital is a seed-stage venture capital firm that invests in tech you can touch. With a proven track record, MiLA offers a bespoke, dynamic experience with access to hard and soft resources.

shaun arora

Written by

Fan of @MakeinLA and @NEOSolves

MiLA

MiLA

MiLA Capital is a seed-stage venture capital firm that invests in tech you can touch. With a proven track record, MiLA offers a bespoke, dynamic experience with access to hard and soft resources.

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