News for hackers. Stuff that matters.

A comment on Android Creator’s Startup Essential Products Cuts About 30% of Staff. Parent comment

Re:Android Creator’s Startup Essential Products Cuts About 3... by notyourday on Wednesday October 17, 2018 @04:13PM (#18243300)
It was overpriced. They sold what? 50k phones at about $500 a pop average before cutting the price to $350? That's $25m in revenue after raising $300m. They should have continued working on a line of phones. Instead they switched gears, dropped the price on a phone and started doing a fire sale.
[ Parent | on HN ]
Re:Android Creator’s Startup Essential Products Cuts About 3... by radicaldreamer on Wednesday October 17, 2018 @06:18PM (#18244335)
It's kind of bizarre planning to bet the whole company one one product whose go-to-market strategy wasn't clear.
[ Parent | on HN ]
Re:Android Creator’s Startup Essential Products Cuts About 3... by notyourday on Wednesday October 17, 2018 @06:48PM (#18244495)
If you decide you are going to be a smartphone company, after you do sufficiently well on your first phone you do not go and decide to go into the market of connected home.
[ Parent | on HN ]