5 ms·
You guys remember when Color raised $50m with no product and the valley went ape and started screaming bubble? Talk about quaint compared to today. ML has a v
by sxates 9y ago
You guys remember when Color raised $50m with no product and the valley went ape and started screaming bubble?
Talk about quaint compared to today.
ML has a very serious risk of spending hundreds of millions of dollars over a decade with no customer input building something that will land like Google Glass or a Segway. Then what? Someone like Google has other products and can retreat and regroup, but ML will lose whatever credibility they had and not be likely to recover. It could be very ugly.
- kpierce 9y agoAnd wreck Florida's startup credibility.
- excalibur 9y agoFlorida Company releases revolutionary AR glasses, 4 out of 10 customers go blind
- JohnnyConatus 9y ago/r/floridastartupman
- sidlls 9y agoFlorida has startup credibility?
- godelski 9y agoHey, Segway has the mall cop and dorky tours cornered.
- othersideofcoin 9y agoFun to make fun of, but what do their financials look like? Mall cop and dorky tours could be a really good market.
- jonnathanson 9y agoThey're not good markets, and even if they were, they fall far short of the Segway's original goals as a mass consumer product. There is a reason Segway is often used as a cautionary tale in product circles, and as as "What not to do" case study in academia.
- godelski 9y agoI remember that they were promoting Segway as the way of the future. That it was going to change the world. They literally said that their device was going to change the world like Ford did.[1] Fun fact: One of the original promotional videos shows cops using it. [1] https://www.youtube.com/watch?v=7rNw5nI_3iE https://www.youtube.com/watch?v=7rNw5nI_3iE