Re:Fitbit is reportedly buying Pebble for around $40M
by kriro on Thursday December 01, 2016 @01:53AM
(#13077703)
Given the buying price is reported as 40 million, I think you could have run a very nice early adopter focused business in that range. No need to cross the chasm...focus on your real customers first. Battery life is a great selling point for example. They could have been fine if they'd delayed the crossing until later with say a "Pebble Style" line.
[ Parent
| on HN ]
Re:Fitbit is reportedly buying Pebble for around $40M
by jkestner on Thursday December 01, 2016 @11:55AM
(#13080894)
Possibly, but it would've taken a lot longer to get there without the VC that demands continued growth. Fast followers might've hurt them sooner if they didn't have the resources to quickly iterate the product. It is interesting to examine the strategies by which you can stay small and focused in a tech hardware market — capital requirements make it difficult or at least slow to do without that fundraising millstone.