Tech Startups Need a Tech CEO

A tech startup—where tech is short for deep (or hard or tough) technology—is one that is solving a big problem for a (hopefully) big market with a solution based on either hardware, software or both, whose technology involves challenges to build and is probably patentable. Many investors specifically favor deep tech because they can clear out a defensible market space unique to them. Examples of deep tech investors include MIT’s The Engine and Hyperplane in Boston. It’s a category that is growing: Investment in deep tech startups is rising 20% a year and reached $18 billion in 2018.