4.4 • 637 Ratings
🗓️ 19 May 2017
⏱️ 26 minutes
🧾️ Download transcript
Jonathan Downey is the Founder & CEO @ Airware, the startup that allows you to make better-informed decisions with aerial date, captured by drones. They have raised over $65m in VC funding from some of the very best in the industry including a16z, Kleiner Perkins and Google Ventures just to name a few. Jonathan is also the General Partner @ Commerical Drone Fund, making $250K-$1m investments in early stage companies in the commercial drone space. Prior to Airware, Jonathan was a commercial pilot and a flight controls engineer @ Boeing.
In Today’s Episode You Will Learn:
1.) How Jonathan made the move from commercial pilot to startup founder with one of the hottest drone startups, Airware?
2.) What has been the catalyst for the rising belief in the potential for drones? What has changed about the landscape to make them now not only a commercially viable opportunity but also consumer viable?
3.) How does Jonathan view the commercial landscape today? Where does Jonathan see the highest potential for the commercial application of drones? How does one approach go to market strategy and business model in a completely undefined landscape?
4.) What are the current barriers to adoption for corporations with drones? What does it mean and entail for an organization to adopt drones in terms of new workflows and training? What are the key transformative technologies that will enable new applications and market expansion?
5.) With incumbents now heavily investing in the space, does Jonathan believe this will be a market of disruption or consolidation and acquisition by the exisiting incumbents?
Items Mentioned In Today’s Show:
Jonathan’s Fave Book: Elon Musk by Ashley Vance
Jonathan’s Fave Blog: Chris Dixon
As always you can follow Harry, The Twenty Minute VC and Jonathan on Twitter here!
Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.
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0:00.0 | Hello and welcome back to the 20 minute VC with me, your host, Harry Stebbings, at H. Stebbings on Snapchat. |
0:05.3 | As always, it would be fantastic to connect with you there. But to the show stay, and as it's Friday, |
0:09.3 | it's time to welcome an incredible founder to the hot seat today. But before I mention his name, |
0:13.2 | I want to say never before has a founder quite so embodied product founder fit, and it was such |
0:17.6 | a pleasure to have him on the show today. So to the show, and I'm thrilled to welcome Jonathan Downey, founder and CEO at Airwear, the startup that allows you to make better |
0:25.4 | informed decisions with aerial data captured by drones, and they've raised over $65 million in VC funding |
0:31.4 | from some of the very best in the industry, including Andriesen Horowitz, Kleiner Perkins, |
0:35.9 | and Google Ventures, just to name a few. |
0:37.8 | Jonathan is also the general partner at Commercial Dron Fund. |
0:40.7 | There, they make 250K to $1 million investments in early stage companies in the commercial drone space. |
0:46.7 | Prior to air weather, Jonathan was a commercial pilot and a flight controls engineer at Boeing. |
0:51.1 | I do also want to give a huge hand to Diddy A. Elzinga at Culture Amp for the |
0:54.6 | intro to Jonathan today, without which this episode would not have been possible. But before we |
0:58.5 | dive into the show today, I really want to talk to you about a company that's really changed |
1:01.9 | the way I sleep and operate. Eight is a sleep innovation company with their latest product, |
1:06.9 | the Eight Smart Mattress, being a bed that literally tells you how well you slept last night, |
1:11.6 | paired with an intelligent sensor cover that measures the quality of your sleep and delivers a daily |
1:16.1 | sleep report. In order to bring you the best product, 8 used anonymized sleep data and feedback |
1:20.9 | from over 10,000 people to understand which materials and types of mattresses give customers |
1:26.1 | the best sleep, resulting in their unique blend of four responsive and high-density foam layers, |
1:31.5 | plus one layer of proprietary technology that helps people track and improve their sleep. |
1:35.9 | This is perfect for people like me, |
... |
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