This interview with Matt Rogers, the co-fouder of NEST, is a revealing look at the formation of a truly great startup, and is a must watch for any entrepreneur.
Matt left an amazing job at Apple in 2010 to co-found Nest Labs. Nest, which received funding from some of the best venture capitalists in the world including Kleiner Perkins, Lightspeed, Shasta and Google Ventures has revolutionized the mundane and oft ignored home thermostat. And my sense is that there is much more to come from this great company.
Nest is an exciting company at an exciting time. The rise of the internet of things, and the coming of age of the smart home are two interesting trends (among others) driving a renaissance in hardware startups. We're starting to see a plethora of internet connected appliances, from smart watering systems that know all about pending rainfall to power hungry clothes dryers that know when the cheapest electricity is available.