4 ms·
This article has a few details that are very different than the way I heard it. What follows are rumors, but I work in this industry so I have a few sources tha
by asynchronous13 10y ago
This article has a few details that are very different than the way I heard it. What follows are rumors, but I work in this industry so I have a few sources that I trust.
Google did not win the bidding over Facebook. Facebook actually won the bidding with a bid of about 60 million dollars. Facebook pulled out during the due diligence phase. Google swooped in and picked it up for about 20 million after Facebook pulled out. (Rumors remember, I can't find sources for these numbers right now)
Internally, Google was very quickly disappointed in their purchase. They found out that they had pretty much bought a nice PowerPoint slide deck and not much else. Titan still had a long way to go before they had a viable drone.
Anyway, that is the rumor that I heard.
I'm only somewhat envious of the drone companies that are selling out for tens of millions of dollars, while I sit here and work my butt off to keep making a product.
https://youtu.be/b7SjOOuTct0 https://youtu.be/b7SjOOuTct0
- jpm_sd 10y agoAs an ex-Xer, I can tell you that the PowerPoint presentation wasn't even that good.