4 ms·
So probably a 5-10B valuation - without a viable product, a customer, or a dime in revenue. It's one thing for FB to buy a massive social network for billions:
by sonnyblarney 8y ago
So probably a 5-10B valuation - without a viable product, a customer, or a dime in revenue.
It's one thing for FB to buy a massive social network for billions: they can effectively calculate how much it's worth because they know how it would monetize.
But this is getting bonkers because there are so, so many things that can go wrong. Do consumers give a rats if their groceries are delivered by a person or by a robot? Will they respond well to the fact they have to walk outside? How do they deliver to apartments? Regulations? Safety? Theft? Service costs? Operational performance? And all of this assumes the 'self driving' part just 'works'.
I get the market is 'monstrous' ... but this is a lot of money one would expect when all of the above is taken care of.
- deleted 8y ago[deleted]
- puranjay 8y agoI think they pitched it as something as disruptive as Uber, but for deliveries. And who wouldn't want to go back half decade and get in on the ground floor of Uber?
- mandeepj 8y ago> Do consumers give a rats if their groceries are delivered by a person or by a robot? Of course, they will. When savings will be passed to you.
- solarkraft 8y agoI'm guessing they have considered this.
- muzz 8y ago$2.7B according to the Reuters article today. Sounds very dilutive-- SoftBank got a huge chunk of the company. https://www.reuters.com/article/us-nuro-funding-softbank/driverless-delivery-startup-nuro-gets-940-million-softbank-investment-idUSKCN1Q01MI https://www.reuters.com/article/us-nuro-funding-softbank/dri...