Re:After Misjudging Market, Bike Maker Vanhawks (YC W16) Has...
by rfdub on Friday May 26, 2017 @03:24PM
(#14426517)
Misjudged is an understatement. There is no appetite for these over-priced "Connected" bikes. They are essentially taking a $1000 Chinese carbon bike and selling it for $1500 with the extra cost attributed to an integrated, non-upgradeable computer and some sensors, all of which can already be found in any given customer's existing smartphone, which can easily be mounted onto whatever bike the customer wants. I don't get why anyone would take a bicycle, something that has a useful lifespan of potentially decades and integrate it with technology that will become obsolete in less than a couple of years. Just because you can put a computer and sensors in something doesn't mean you should or that anyone will pay for it.
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Re:After Misjudging Market, Bike Maker Vanhawks (YC W16) Has...
by trhway on Friday May 26, 2017 @04:27PM
(#14426887)
>They are essentially taking a $1000 Chinese carbon bike and selling it for $1500 with the extra cost attributed to an integrated, non-upgradeable computer and some sensors, all of which can already be found in any given customer's existing smartphone, which can easily be mounted onto whatever bike the customer wants.
i wonder how such logic would sound in the context of say Microsoft Surface Hub?! well, probably like billion dollar idea :) They sell those $5K TV for $22K like hot cakes.
https://arstechnica.com/information-technology/2016/12/micro...
Re:After Misjudging Market, Bike Maker Vanhawks (YC W16) Has...
by gnopgnip on Friday May 26, 2017 @03:56PM
(#14426705)
The same is true for juicero, internet connected refrigerators, and almost everything else connected to the internet. Plenty of people will pay more for things because they are internet connected