Hyprspd - Electric Bicycles & Vehicles

02/10/2024

One of the things I love about being in Silicon Valley at this point in history is that we’re witnessing the infancy of AI—technology that is growing exponentially and reshaping industries.

I’m actively exploring how to leverage AI in both life and work. While I’m not building neural networks, I’m focused on understanding how AI tools can improve efficiency, creativity, and decision-making.

As part of my time back in California, I’ve made it a personal mission to dive deeper into AI and embrace the opportunities it offers here in the Heartland of Tech. Looking forward to attending the upcoming AI Wednesdays meetup and connecting with others who are just as passionate about the future of AI.

Let's meet and talk about generative AI * **NEW VENUE: WATER TOWER KITCHEN IN CAMPBELL** * Most of us are startup founders or engineers working with artificial intelligenc

02/10/2024

Had a fantastic time last week at a startup pitch and networking event in Palo Alto!

It was an incredible opportunity to meet and connect with fellow startup founders, tech innovators, and investors. The energy in the room was inspiring! I got a ton of positive feedback about Hyperspd—several people expressed excitement about our bikes and even mentioned they can’t wait to buy one once we hit the market! 🚲💥

I also received some invaluable advice from investors on how to fine-tune our pitch moving forward.

Looking forward to more networking opportunities in Silicon Valley and continuing to build momentum for Hyperspd!

Special shoutout to everyone who made this event so energizing!

26/09/2024

In keeping with the goal to do at least an event per week Hyperspd applied and got accepted to yet another pitch event for tonight! Wish us luck!

https://www.meetup.com/startups-and-tech-events-in-san-francisco/events/302938300

26/09/2024

Last week I got to pitch Hyperspd's business to a room full of VCs, Angels and techies at the Unicorn Cup Semi Final Round for Asian Founders! It was great fun!

Hyperspd didn't win this round, that honor went to Clipr, an AI company serving police departments, already has the FBI's seal of approval, and is in the midst of raising Series B. Hyperspd got amazing feedback though, and I got to practice fielding tough questions from VCs in Silicon Valley. It was also my first time piloting the new version of our pitch deck. A ton of people came up to me afterwards and told me that despite not winning our business made the most sense to them and they LOVED the way I fielded the investor questions. Straight, to the point and they could tell I really knew my stuff.

They were also BLOWN AWAY when they found out it was my first time pitching in Silicon Valley. So it was an amazing first outing for Hyperspd! We even got a VC asking for our deck so she can pass it around to her network!

Things I learned:
1. They only gave me 3 minutes to pitch so I need to condense down what I say.
2. I used to teach Q&A techniques for startups and MBA students. Those techniques work VERY well even with VCs.
3. People love our slides. Yeah I was once a presentation design consultant so I make good slides

I'm committing myself to at least one event per week, ideally two, and just go out and meet people.

Thanks to Gerald Leung for coming along and taking the pictures of me.

P.S. - Silicon Valley is very much a Pay to Play sort of place. We had to apply but once accepted we still were expected to buy a $270 ticket to pitch. Just the cost of networking and exposure

19/09/2024

Hyperspd’s first pitch competition in Silicon. Valley ✌️

Wish us luck!

19/06/2024

And another EV company bites the dust. Although Fisker is twice now?

When I saw the Fisker at electrify Expo in LA, I didn't see too many people interested in them other than passing curiosity. In fact, I didn't see overwhelming interest for any of the electric cars at Electrify Expo. I saw probably twice the amount of people at the electric bike demo areas.

Why? If I were to take my best guess, electric cars have been out in LA for awhile now, and you don't need to come to an Expo to test them out. There are plenty of dealerships that you can rock up to. Electric Bikes seem to still be a mystery and a lot of people could test ride the bikes side by side, so it seemed to be a good attraction. I saw a bunch of people who are excited for electric bikes/motorcycles.

As I look out my window I see kids on electric bikes that look like little motorcycles zooming past the house all the time (it's summer break now). I still feel and now literally see that two wheel electric mobility is where the real growth market is when it comes to this industry.

Back to the story, Fisker IPOed under a S**C, as did a lot of other EV companies, back in 2020. They all fancied themselves the next Tesla, and tried to convince retail investors that they were it. But Tesla is way ahead of these guys, it's not even close. If nothing else, Tesla had Elon Musk's ability to raise nearly limitless amounts of capital. Say what you will of Elon Musk, but guys like Fisker just don't have that ability.

Add to that they are stuck between Tesla, with their superior innovative tech, and other Traditional Auto Makers who make solid, well put together cars and who are now catching up to Tesla's tech. That's a really tough spot to be stuck in.

Now that Fisker is gone (again and I don't expect a third iteration) that leaves companies like Lucid and Rivian. Look, I feel people who buy cars like Lucid or Rivian or Fisker are the type who would like to buy a Tesla but for various reasons (wanting to stand out, not liking Musk, etc) and don't want to buy from a Traditional Auto Maker. They want the alt-Tesla. I suspect that market segment size isn't particularly big. Certainly not big enough to justify several listed IPO alt-Tesla companies.

Because of that I wouldn't be surprised if companies like Lucid and Rivian to go the way of Fisker in the near future.

It's the second bankruptcy for an EV company founded by former BMW and Aston Martin designer Henrik Fisker.

11/03/2024

Join Nati, the founder of Hyperspd, as he provides an insightful update on the progress of our electric vehicle company. In this community Q&A session, Nati ...