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> Did they grow too quickly, too fast? ...surely those are the same thing? And I'd argue it's quite the reverse - Pebble were one of the first smartwatches out
by untog 10y ago
> Did they grow too quickly, too fast?
...surely those are the same thing? And I'd argue it's quite the reverse - Pebble were one of the first smartwatches out in the market but they never managed to capitalize on that lead. I suspect their fate was sealed the day the Apple Watch was released.
- djsumdog 10y agoThey should have gotten into totally different sustainable product lines that still fell in the IoT realm. Maybe home routers for geeks, with upgradable Wi-Fi M.2 cards? Many of their backers were nerds, engineers, etc. There are a lot of products they could have attempted that customers might have wanted. I think they maxed out how many watches they could push to their target audience. Everyone else just went with Apple/Google.
- taneq 10y agoBut there was nowhere to grow. Smartwatches have always been a niche product for people who like gizmos. If Pebble had stayed small and focused on their original "watch with apps" market instead of chasing the "phone on your wrist" market it'd still be business as usual.
- Hydraulix989 10y agoWhen you raise a big chunk of institutional money though from VCs, the pressure is to grow fast and capture as much market share as possible though. There was definitely a lot of sense behind the bet that they made.