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Re:So Close by coldtea on Monday January 01, 2018 @06:55PM (#16048775)
>Also, it’s a damn internet-connected door lock with Bluetooth. Do you really need $45M and designing new mechanical systems from scratch to make it work?

If you don't intend on making just a "damn internet-connected door lock with Bluetooth", of which there are many, but a great one, then very possibly yes.

Re:So Close by zemvpferreira on Monday January 01, 2018 @07:39PM (#16048952)
Many great hardware products and companies have been built on budgets a fraction of $45M. Even the Apple 1 was an ugly hodge-podge of parts. If you want to build pyramids, it's best figure out how to build sand castles before.
Re:So Close by ryanbrunner on Tuesday January 02, 2018 @08:45AM (#16051777)
The thing is, the definition of a great product is one that solves a user's need. While people may have problems with the internet-connected door locks they have now, I'm pretty confident their issue isn't with the deadbolt mechanism, which is as close to a solved problem as you can get.

The market for people who care that their door locking mechanism is as precise as a Swiss watch is so vanishingly small, it feels almost self-evident that there's not a viable business there.