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No, I think this is greedier than that. > The company's founder, Harvey Karp, said the pricing change was necessary to "bring in revenue," noting that the comp
by upon_drumhead 2y ago
No, I think this is greedier than that.
> The company's founder, Harvey Karp, said the pricing change was necessary to "bring in revenue," noting that the company was not underwritten by a university or the government, and must survive on its sales alone. He said his ultimate goal would be to see the Snoo paid for by the government or by insurance companies, but it's unclear if there has been any substantive movement toward achieving that end.
They want the government/insurance to buy them in bulk and then rent seek for everyone using them. There's zero reason why for the price this couldn't be done completely local and not cost Snoo a cent to run. They just don't want to because the long term strategy is to collect revenue forever.
- idatum 2y agoI wonder too if the data collected via that subscription is useful to monetize somehow? Maybe like health data from your watch?
- rolph 2y agoa rocking basinet is a pendulum, thus mass of the child may be determined on a day to day average, thus inference may be made, such as when larger clothes are a good ad to push.
- clintonb 2y agoWe had a Snoo for our kid. I cannot see how anyone knowing our kid was a poor sleeper when he was born, and improved over six months, would be worth anything to anyone. “Parents are sleep-deprived” is a pretty well-known fact at this point.
- atoav 2y ago"Your kid is a worse sleeper than most other kids, for only 999,99 USD you can learn more a out the possible causes"
- s1artibartfast 2y agoI think that would be pretty good data for advertising to desperate parents. Hell, the fact alone that they have a $1700 bassinet probably makes them a valuable target
- nickff 2y agoYour quote doesn't contradict the parent comment. Snoo may need to "bring in revenue" because they're losing money. They may, simultaneously, want to have their product purchased in large quantities, as that would be another way to "bring in revenue".
- johnnyanmac 2y agoThe government can't even subdize child care. What interest would they have in buying a bunch of high tech baby rockers?