with all due respect, it sounds weak in the history of hardware companies, because no hardware company worth $10 billion - and there are many - had any point in its past when it could go from a standing start to shipping product for millions of people's homes in 12 months.
You might think this means that your companies are above-average. I disagree. I think it means that you pass on most $10 billion plays in order to fill a stable with people who have picked something they are ready to ship within a few months.
More power to them, and they have real companies with real traction. But to say it sounds strong given the history of hardware companies is to ignore both history and the power law.
I have the utmost respect for the support YC gives to these hardware companies, but would never apply with a historically ambitious one. This is very unlikely to change any time soon. Still I hugely support the push toward supporting hardware companies!