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> Google had no revenue for years. But turned out to be one of the best investments of all time. And Yahoo and SGI were both behemoths, and look at them now. I
by aforwardslash 4y ago
> Google had no revenue for years. But turned out to be one of the best investments of all time.
And Yahoo and SGI were both behemoths, and look at them now. If you had stake in these companies and cashed out in time, you'd consider it also a great investment.
> To figure out how they are doing, the first thing I would look at is a chart of Helium's usage growth.
No one cares about Helium, and even fewer people cares about LoRa. I'd guess a good chunk of the nodes are run by people trying to make money out of it (I know personally people that invested in this), not by people interested in maintaining a network or that actually have any clue about LoRa. Me, as a hobby electronics tinkerer, I do care about LoRa (so, I'm one of those fewer people), but I don't care about Helium, because it adds nothing of relevancy to it. Yes, increasing coverage is good, but not only the LoRa market is quite narrow, any other provider can do the same without too much hassle. And there is no actual real money in it(beyond the hobby space) and never will be. No company is going to build products on a super-duper-easy-to-disrupt public network, when alternatives are available.