This space is just bizarre in general. The fact that a smoke alarm was Nest's #2 product was strange given the advantages over standard ones are marginal. The

This space is just bizarre in general. The fact that a smoke alarm was Nest's #2 product was strange given the advantages over standard ones are marginal. Then they did a poor job executing (remember accidental wave off...). In the same space, all these VCs pumped butt loads into this mysterious company, Leo, who was making an audio/internet bridge for smoke alarms (I am sure they had more eventual value planned but that was the pitch to the consumer). I think they laid off over half the team when reality set in.