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" It is clear as you look at the team why Data Point Capital has so quickly become one of the premier venture capital firms. I look forward to adding to the firm's very bright future. "
Colin Angle
Forward
You
Look
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" Our 2015 financial performance will continue to be driven by our Home Robot business. Home Robot revenue is expected to grow 10% to 12% in 2015 and comprise 90% of total company revenue. "
Colin Angle
Business
Financial
Home
" I learned to canoe at summer camp and thought I'd pursue Olympic whitewater canoeing. In my senior year of high school, I instead decided to attend M.I.T. I like to say I've had only two jobs in my life: whitewater canoeing instructor and wilderness guide in college, and C.E.O. of iRobot. "
Colin Angle
Thought
School
My Life
" If you ask the typical two- or three-year-old or a teenager what a robot is, they will think about a humanoid that does my homework for me or walks the dog. When I go and talk to kids and pull out the Roomba, it's not this big 'Wow!' moment. "
Colin Angle
You
Homework
Think
" Robotics has been around forever, and it's been the next big thing forever, and it is so exciting and compelling that it's easy to get carried away. People almost always do, and that's one of the things that has held back the industry. "
Colin Angle
Easy
Big
People
" When my daughter was 3, she was eating Cheerios and spilled some on the table. So she swiped them onto the floor. I said, 'Darcy, what are you doing?' She said: 'Don't worry, Daddy, the robot will get it.' I didn't know whether to be horrified or proud. It was this idea that homes take care of themselves and robots are part of that. "
Colin Angle
Know
You
Worry
" We will not have humanoid androids. It's interesting: when you start trying to make robots look more human, you end up making them look more grotesque. It takes very little to go from super-attractive robot to hideous robot. "
Colin Angle
Will
You
Interesting
" There are so many opportunities to make a bad decision in building a robot company on top of all the normal ways that entrepreneurs screw up that it is incredibly difficult to truly create value because it is so cost-sensitive. "
Colin Angle
Opportunities
Decision
Building
" One of the big things coming out of healthcare reform is a thing called the Community Living Assistance Services and Supports Act (CLASS) which is a mechanism to reimburse people staying at home for technology and services that allow them to stay at home. "
Colin Angle
People
Home
Big
" The reason it has taken so long for the robotics industry to move forward is because people keep trying to make something that is cool but difficult to achieve rather than trying to find solutions to actual human problems. Technology can be extremely expensive if you don't focus. "
Colin Angle
Focus
Cool
Long
" I grew up mostly in Schenectady, N.Y. From an early age, building and creating things was a real passion for me. "
Colin Angle
Early
Me
Passion
" Did Google need to make robot cars in order to make Streetview work? Absolutely not. It's the equivalent of saying you need a walking robot in order to push an upright vacuum cleaner. It's gratuitous robotics! "
Colin Angle
Push
Saying
Walking
" At MIT, in Professor Rodney Brooks' lab, I was involved in a project, led by Anita Flynn, to build robots using techniques similar to those used in building silicon chips. We got some silicon micro-machined motors to move a bit, but this didn't lead to an actual product. "
Colin Angle
Robots
Product
Lead
" If you want to make a serious, rugged, reliable robot, you can start with the Create platform and just build stuff on top of it. "
Colin Angle
Want
Build
Create
" It's going to be interesting to see how society deals with artificial intelligence, but it will definitely be cool. "
Colin Angle
Interesting
Intelligence
Society
" In the original 'Star Wars' movie, there is a small toaster-sized and shaped robot on the Death Star that guides Stormtroopers to where they need to go. I always liked that robot because I could imagine how to build it - and it served a real purpose. "
Colin Angle
Death
Small
Real
" You're not going to talk to your vacuum cleaning robot: in fact, you may never see your vacuum cleaning robot because, ideally, you come home every day and your floors are freshly vacuumed. "
Colin Angle
Cleaning
Day
Home
" What did everyone think robot vacuuming was going to be? Well, they think Rosie the Robot from 'The Jetsons,' a human robot that pushed a vacuum. That was never going to happen. "
Colin Angle
Robot
Think
Everyone
" People are fascinated by robots because they're machines that can mimic life. "
Colin Angle
Life
Because
Machines
" I thought boxes were the best toy. When my parents got a new car, I ran to my mother and said, 'Did it come in a box?' "
Colin Angle
Thought
Best
Car
" The ideal vacuum cleaner would be one you never see. It needs to not just be a cool gadget, but a product that cleans your floor correctly. I can imagine people having a cupboard full of robots that only come out when you need them to fulfil a specific purpose. "
Colin Angle
You
Robots
Purpose
" Building a robot that has legs and walks around is a very expensive proposition. Mother Nature has created many wonderful things, but one thing we do have that nature doesn't is the wheel, a continuous rotating joint, and tracks, so we need to make use of inventions to make things simpler. "
Colin Angle
Nature
Mother
Building
" Starting out, iRobot was not an economic rocket ship. It took six and a half years before we had enough money in the bank at the beginning of each month to make payroll. We always made it - we paid salaries at the end of the month, and I always had four weeks to figure things out. "
Colin Angle
Beginning
Ship
Money
" At the World Cup, there is a constant risk that you might find a bag or some object that has been left behind, and no one is quite sure what it is. To bring in a full bomb-disposal team for each item can be very time-consuming. The PackBot can go over rough terrain, climb stairs, pick things up, and also be operated from a safe distance. "
Colin Angle
Distance
Team
Climb
" My very clear vision for the ideal Roomba is one you never see and you never touch. Our research priorities are explicitly focused on the Roomba of the future that will deliver on the promise of automatically cleaning your floor. "
Colin Angle
Research
Vision
Priorities
" Hollywood likes to imagine robots as mechanical copies of ourselves - which is a terrible idea. "
Colin Angle
Hollywood
Robots
Imagine
" I was focused on building things from an early age. When I was about 3, our toilet broke, and my mother was ready to call the plumber. I told her I would fix it and asked her to get my Richard Scarry book 'How Things Work in Busytown.' Between the picture of a toilet and the text she read to me explaining how the parts worked, I fixed it. "
Colin Angle
Work
Age
Book
" In the end, robots do things that people can do. So there is a cost above which you can hire somebody to do it, and that bounds the opportunity. "
Colin Angle
People
Robots
Opportunity
" In the smart home of the future, there should be a robot designed to talk to you. With enough display technology, connectivity, and voice recognition, this human-interface robot or head-of-household robot will serve as a portal to the digital domain. It becomes your interface to your robot-enabled home. "
Colin Angle
Future
Smart
Technology
" Robotic toys can be very interesting, but it is important that the toy not 'dictate' how the child should play with it. Rather, it should take its cues from the child and enhance, teach, and enrich the play experience. We incorporated some of these features into a robotic baby doll we built for Hasbro in 1999. "
Colin Angle
Child
Baby
Interesting
" The idea that a robot will become more aware of its environment, that telling it to 'go to the kitchen' means something - navigation and understanding of the environment is a robot problem. Those are the technological frontiers of the robotics industry. "
Colin Angle
Understanding
Robot
Problem