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> - Limited consumer benefit. I think people underestimate the extent to which this matters. In fact, I might even say this is the only thing that matters. The

> - Limited consumer benefit. I think people underestimate the extent to which this matters. In fact, I might even say this is the only thing that matters. There are some of us who are concerned with privacy, ownership, security, etc. But most don't, and never will. The real nail in the coffin is that we're not solving a real need.

Animats 11y ago
:The real nail in the coffin is that we're not solving a real need." I'd tend to agree, except that half of YC's companies don't solve a real need. Neither Twitter nor Facebook solve a real need. It's just that they got enough early users to benefit from network effects. If someone comes up with some IoT thing so compelling that you have to have it in your pocket/on your wrist when you're anywhere away from home, that could be a big win. A wristband that lets you into your house, starts your car, logs you into your computer, gets you onto airplanes, and won't work if it's on someone else's wrist.