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Oh come on this has to stop. How much would it have cost Google to build Nest from scratch? Not 3.2 billion dollars.
by nodata 13y ago
Oh come on this has to stop. How much would it have cost Google to build Nest from scratch? Not 3.2 billion dollars.
- angersock 13y agoIt's not the tech, it's the install/customer base.
- pgrote 13y agoHow large is the installed base? It appears to be small for smart thermostats and even smaller for Nest. http://thinkprogress.org/climate/2013/11/02/2877211/smart-thermostats-poised-major-market-growth/ http://thinkprogress.org/climate/2013/11/02/2877211/smart-th...
- sandis 13y agoWould it really take $3.2b to engineer a product similar to Nest and market it to an even wider audience? I'm happy for Nest guys, but the number is a bit ridiculous.
- kmfrk 13y agoYou also get Tony Fadell, which is pretty damn huge. It’s almost like acquiring a Forstall company.
- 9999 13y agoI would have been a Nest customer, now I won't be. Oh well.
- k-mcgrady 13y agoThe team has to count for something here. It's not just a few geeks who built an app. It's guys with lots of experience building incredibly successful products. Google doesn't have a lot of experience in hardware design. Nest do.
- epaladin 13y agoOn the hardware design side of things, they did kinda sorta buy Motorola Mobility. It really seems that they've under capitalized on that purchase- and that was 12 billion dollars!
- smackfu 13y agoWrong question. How much time would it cost Google to build Nest from scratch?
- gus_massa 13y agoThey failed with Google Video. Well, they manage to build the second biggest video sharing site, with millions of users. But nevertheless they had to buy YouTube and merge it.