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Maybe investor expectation is that a company like HTC or LG or some other none-Samsung/Apple/Google/Amazon company will buy Essential in order to get a strong t
by vqc 9y ago
Maybe investor expectation is that a company like HTC or LG or some other none-Samsung/Apple/Google/Amazon company will buy Essential in order to get a strong team that is building a suite of products that tries to compete with Samsung/Apple/Google/Amazon. Can that justify the valuation?
- prostoalex 9y agoJust like Microsoft's acquisition of Danger established Microsoft as a power player.
- pawadu 9y agoTechnically, it could have. Windows Phone 7.0 was a wonderful experience, dare I say, significantly better than what Android and iOS at that time. Then Microsoft went ahead and shot itself in the foot, hang himself from the ceiling, commit harakiri, burned down the house and then jumped down a bridge.
- HillaryBriss 9y agoI'm trying to understand what the appeal would be. Let's say you're LG. You're already doing pretty well as a company selling many types of consumer appliances and electronics. You already know how to make really really good phones, too. Maybe not quite as good as Samsung, but still, very very good. What does Essential bring to the table? Market share? Design skills? I mean, aren't they contracting out the manufacturing to some low-cost company? I don't know. If you were LG and felt you needed marketing and design skills, wouldn't you just make a deal with some super star, internationally known design firms (or someone) and add them to your team somehow? Why buy a whole expensive outside company when, at best, they know a few more things about phones than you do?