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Not by Choice: Building Without VC in an Unborn Market
- Four years ago, the author acquired an uncrewed aircraft traffic management system prototype amid pandemic uncertainty and a lack of market visibility.
- Inspired by Peter Thiel's 'Zero to One,' the author led the company with originality and a vision for the future of drone infrastructure.
- Facing challenges in securing venture capital due to the market's invisibility, the author persisted in building for an unborn market.
- The author emphasized the importance of definite optimism over indefinite optimism in creating a lasting impact.
- Choosing to focus on building a valuable and defensible product rather than rushing to market, the company saw success in supporting Singapore's national Remote ID rollout and other initiatives.
- The author highlights the team's dedication, growth without VC funding, and the critical role of individuals like co-founder Fabrice Ancey and team member Desmond Yang.
- Acknowledging the personal sacrifices and challenges of startup life, the author expresses gratitude to family, team, partners, and investors for their belief and support.
- Reflecting on the decision to forgo VC funding initially, the author sees it as a blessing that led them to build with purpose and conviction.
- Despite the difficulties of building in an unborn market, the author's team is making strides in shaping policies and technology in the aviation industry.
- The journey from inheriting a prototype to driving innovation in aviation reflects the team's commitment to building for the future and creating real impact.
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