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Given the buying price is reported as 40 million, I think you could have run a very nice early adopter focused business in that range. No need to cross the chas
by kriro 10y ago
Given the buying price is reported as 40 million, I think you could have run a very nice early adopter focused business in that range. No need to cross the chasm...focus on your real customers first. Battery life is a great selling point for example. They could have been fine if they'd delayed the crossing until later with say a "Pebble Style" line.
- jkestner 10y agoPossibly, but it would've taken a lot longer to get there without the VC that demands continued growth. Fast followers might've hurt them sooner if they didn't have the resources to quickly iterate the product. It is interesting to examine the strategies by which you can stay small and focused in a tech hardware market — capital requirements make it difficult or at least slow to do without that fundraising millstone.