This Entrepreneur Raised $90 Million To Drive Artificial Intelligence To The Edge
Hailing from the Startup Nation, Orr Danon is an entrepreneur and founder who has raised millions of dollars for this tech startup, through a recent Series B round. His now international company came to life after he decided to take on a bigger challenge, in order to have even more of an impact. In our interview on the Dealmakers Podcast, Danon talked about taking risks, navigating the startup journey, possibility, and what he sees as the most important factor for new companies.
Hailing from the Startup Nation, Orr Danon is an entrepreneur and founder who has raised millions of dollars for this tech startup, through a recent Series B round.
His now international company came to life after he decided to take on a bigger challenge, in order to have even more of an impact. In our interview on the Dealmakers Podcast, Danon talked about taking risks, navigating the startup journey, possibility, and what he sees as the most important factor for new companies.
Listen to all the details in the full podcast episode here.
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- 1. Business Lessons From The Military
- 2. Finding Product Market Fit & Commercial Applications
- 3. Hailo
Business Lessons From The Military
Orr was born and raised in Israel, where military service is mandatory for everyone growing up there.
While it may not be for everyone, he looked forward to it, and the technology he could get his hands on there. He read a lot about it before joining. He interviewed for units that were heavily based on technology.
This also meant a longer stint in the forces. It’s a nine-year deal, instead of just three. It began with basic military training, math, and physics. He became a squad commander and learned a lot about aircraft, how the army works, and ended up in an intelligence unit.
When you think about it, there are a lot of similarities between national military service and business.
Some of these lessons and takeaways included:
1) Scale
The scale and possibility of what you can achieve are largely up to what you allow to be done.
2) Risk Vs. Responsibility
Everything is possible if you choose to believe it. Getting there is all about balancing accountability and risk-taking.
3) Talent & Morale
Good spirits and good talent can compensate for a lot of other things.
4) The Pros & Cons Of Large Organizations
The good thing about large, well-run organizations is that they don’t have to rely on any one person. If they take a week, month, or year off, everything can just keep on moving. This can also be challenging for those taking new positions, and juggling the feeling of big responsibility and accountability to make an impact, with the anonymity that comes with this scale.
5) Burn Out
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