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A comment on Otonomo, with nearly $55M in funding, is cloning our product. Parent comment

Re:Otonomo, with nearly $55M in funding, is cloning our product by orasis on Monday April 22, 2019 @12:58PM (#19720521)
At $55M in funding they won’t be undercutting anything - quite the opposite, they’ll need to turn a healthy profit or die.
[ Parent | on HN ]
Re:Otonomo, with nearly $55M in funding, is cloning our product by carbocation on Monday April 22, 2019 @01:10PM (#19720630)
At $55M in funding, they can undercut for years, since they won't need to turn a healthy profit for quite some time.

For example, Uber and Lyft. (Point being: survival is not just about the long run, but also the short run.)

[ Parent | on HN ]
Re:Otonomo, with nearly $55M in funding, is cloning our product by adventured on Monday April 22, 2019 @02:38PM (#19721515)
Further to that point about undercutting for years, it's not going to be just $55m.

If Otonomo have raised ~$55m, it means they have very powerful, very rich backers (Bessemer, NTT, SK, Aptiv). They might realistically have another $100m over the coming years instead, if they continue making progress.

[ Parent | on HN ]