1: Art Tkachenko from Pantry
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December 17, 2013
In each of our podcasts, we ask top hardware entrepreneurs the same 10 questions to better understand the challenges and best practices in starting a hardware company. In Episode 4 of Season 1, Lemnos’s Eric Klein speaks with Art Tkachenko, co-Founder of Pantry, a former Lemnos portfolio company. Why did you start your project? I realized there was such a tremendous potential in RFID (radio frequency identification) and it was underutilized due to, I thought, an incorrect way of deploying the technology and taking advantage of the technology. At one point, in my free time, I came across an article saying that a big part of grocery sales for grocery stores comes from selling only 90 SKUs or 90 different products. While if you go to Safeway there’s 30,000 SKUs. I thought, “Why can’t I just go to my lobby and get [my groceries]?” I live in an apartment complex in the city. It’s a very busy commute to get to any grocery store; it takes me half an hour. So I realized that this could be done and we could have food…