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I was assuming a flat "free" boost to their total revenue stream, so my assumption was even more generous than yours. I sincerely doubt they were only 10% of r
by delecti 10y ago
I was assuming a flat "free" boost to their total revenue stream, so my assumption was even more generous than yours.
I sincerely doubt they were only 10% of revenue away from being solvent, even if it was money that came out of nowhere. Reports I've heard are that Fitbit paid ~40m to pay off Pebble's debts, meaning that instead of $10/yr the subscription fee would have to have been closer to $10/mo.