Great article. I’m in the same business, as a publisher. A major manufacturer that is the leading company in its space recently confided to me “We’ve never really turned a profit on all our efforts in China.” So, though some companies have to outsource to China to be competitive, it’s not always a rosy situation.
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5 Reasons Why My IoT Startup Failed
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All good points. Just beware most accelerators will want owners to give up equity/autonomy in exchange for knowledge, equity, money. Others to consider when choosing this route include:
http://www.seed-db.com/accelerators
Below, electronics HW startup timeline for hardware entrepreneurs/founders…