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> they would usually not entertain us and would always claim that they were going to build everything by themselves. I'd assume it's an attempt to have exclusi
by makeitdouble 3y ago
> they would usually not entertain us and would always claim that they were going to build everything by themselves.
I'd assume it's an attempt to have exclusivity (and thus a shot at exponential growth) instead of targeting slow and stable growth ? From your description alone, it feels your business model is more targeted to small business than startups (which is a good thing IMO)
- EntrePrescott 3y ago> I'd assume it's an attempt to have exclusivity (and thus a shot at exponential growth) instead of targeting slow and stable growth ? My guess from the context would rather be that they think (rightly or not) that they can do it cheaper themselves or by paying someone else a fixed cost rather than giving out a profit share like the pricing model in the FAQ says: > Our pricing model is based on the principle that we take certain percentage of the total profit our SaaS lets you drive home.
- throwway120385 3y agoA lot of it is also that the tech/VC way of things is to try to build everything yourself, and to assume the mechanics of the problem is easy and doesn't require a lot of domain knowledge. Whereas the software required to orchestrate all of these systems and provide insight is complex and needs a lot of software. I think it's a classic case of misunderstanding how complicated everything is and assuming that because you have been given a bunch of VC money that it's somehow a mandate to build everything yourself. It's what happens most of the time when a "tech" company interacts with the physical world. Like how my Nest thermostat always learns to do the opposite of what I want at any point in time.
- davehcker 3y agoWe need to update the FAQ. Now we offer a fixed subscription pricing model.
- George83728 3y agoThey've told their investors that everybody else does it wrong, to deliberately divorce their own valuation from reality. They don't want to be valued like a regular greenhouse company, they want to be valued as a cutting edge company with huge unbounded potential. Turning around and using COTS solutions undermines that narrative.