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I'm sure they're just intending for this to be an initial product, but I agree, I don't understand their business plan at all. The people willing to pay 3x over
by adevine 10y ago
I'm sure they're just intending for this to be an initial product, but I agree, I don't understand their business plan at all. The people willing to pay 3x over a "good enough" backup camera are also the people who'd be first in line to buy a new car with all the bells and whistles in the first place. The market for this product has to be exceedingly small.
- Naritai 10y agowhat if the business plan is 'get acquired by another company looking to get into the self-driving car business'?
- thesmallestcat 10y agoIt wouldn't be surprising if they're angling to be acqui-hired. I think that's why they're so forthright about the Apple pedigree.
- PretzelFisch 10y agoWhat would they be offering to that company, they haven't shown any prowess for integrating into the cars systems. Besides don't most car manufactures have self-driving features under development/deployed already?
- Naritai 10y agoI'm not saying it's a _good_ idea :P
- taco_emoji 10y agoYou think that people willing to spend $500 would rather just spend tens of thousands instead for the same value proposition?
- gohrt 10y agothe tens of thousands is for all the other similar value propositions they'd want in a car.
- adevine 10y agoCome on, that's just silly and it's a deliberate strawman. The options are not just between a $500 camera and a brand new car. The whole point is that the type of person who eschews the myriad of much cheaper camera options is also the type of person least likely to own a car that doesn't already have a built-in backup camera.