Based on the material covered in this chapter, what questions would you ask the firm’s founders before making your funding decision? What answers would satisfy you?

Business Idea: Build cutting-edge drones for the consumer, commercial, and defense markets that empower people by making the drones accessible, reliable, and practical.

Pitch: Imagine you live on the Montana/Canadian border, and your son suddenly gets ill. You call your doctor and your son needs an antibiotic. Just getting to the clinic will take 45 minutes, the roads are slick, and your son is getting sicker. CyPhy Works believes drones are the answer to this type of hypothetical, but realistic situation. In fact, in September 2016, CyPhy entered into a partnership with UPS to determine how drones can be used to effectively deliver packages to remote or hard-to-reach areas. In a trial run, an 8-pound, 40-inch CyPhy drone, carrying a package containing an asthma inhaler, flew from the company’s headquarters in Massachusetts to an island three miles off the coast of Maine. The trip took about eight minutes.