I'll look at the article at some point, Jawbone had multiple best selling products -- bluetooth speakers being one -- no idea how that covered investment. Hell, A16Z gave all of Skype one of the speakers 6 years ago as a thank you. They did some nice hardware.

What I do know, per your point, investment in and around hardware startups is not publicized. I wonder how some of the networking hardware startups that started the carriers of those I know (and benefited me) would be taken now.

Cisco / Nokia / etc. hardware acquisitions apparently aren't HN sexy.