> go on to do profit especially in order of millions(in case of Pebble watch) can be very frustrating for a VC/investor. It probably depends on the VC/investor

> go on to do profit especially in order of millions(in case of Pebble watch) can be very frustrating for a VC/investor. It probably depends on the VC/investor -- the hands-off investor it not bummed because these guys are learning manufacturing. That's expensive. The Pebble guys had a working prototype and expected to ship production Pebbles in September of this year; they're not even in production runs yet. Not getting down on them, just pointing out the not-so-obvious: manufacturing is really hard to get right.