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dpandey
searching Neon…
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dpandey
9y ago
Really glad to see this happen. I (MIT alum) think this was a legacy of the past that had to change - MIT was just hoarding too many IP addresses. Not blaming MIT - it was a historical artifact, but most other universities had released thei
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dpandey
10y ago
Honestly, why is this news? :)
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dpandey
10y ago
not much of a "wilderness"
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dpandey
10y ago
>Asians are intelligent and talented, So are Europeans and Latinos and Americans and Arabs and Africans and dolphins. The discussion isn't about race. It's about creating a culture and ecosystem of innovation. Which even other
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dpandey
10y ago
Exactly. The article focuses on something marginal (number of large companies starting an 'innovation center' aka a tiny office in Silicon Valley has come down). The title is misleading because it makes you think it's talking
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dpandey
10y ago
If you interpret the title literally, it's probably true. It's not something to worry too much about, however. Just like the rest of the world starting large universities has rarely had a negative effect on institutions like Oxfor
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dpandey
10y ago
This is a great question. And 6 months after the last update is a good time to be asking it. It's much less efficient for both YC and individuals if every interested individual started emailing and asking for updates. Much better this
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dpandey
10y ago
That's a great example.
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dpandey
10y ago
"he received a Bachelor of Science degree in physics from its College of Arts and Sciences. Musk moved to California to begin a PhD in applied physics and materials science at Stanford University" maybe not, but pretty technical.
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dpandey
10y ago
We provide healthy snacks. Yoghurt, oatmeal, nuts, bars, trailmix, and of course beer.
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dpandey
10y ago
I'd say that when you've worked at a company > 6 months, you know if your manager cares about you. You know if the management cares about you. Doesn't take much to figure that out. I think there are 1-1 and public ways of
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dpandey
10y ago
I don't think it was 10K per employee (that'd be a ridiculous amount of soda). It was 10K total.
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dpandey
10y ago
Small perks like free lunches, gym membership or a massage every month are huge in making employees happy. We're a seed funded company and provide free lunches to our employees. We also reimburse up to 100$ a month for fitness/gym
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dpandey
10y ago
Reflects my limited experience with them as well. We ordered, and waited, and waited, and waited. Eventually I called them and was told someone had messed up the order and the restaurant needs at least another hour to deliver. I gave up. I
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dpandey
10y ago
PS: I can't reply to the followup post to this post, so answering here. If you go to CES, you'll find a hundred companies that make a fitness band (I did, last year). None of them have Fitbit's branding and name recognition (
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dpandey
10y ago
It doesn't look like Wearables are a priority for Microsoft at all. Given the recent slump in that market, I don't think they're getting FOMO either.
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dpandey
10y ago
You usually acquire IP by inventing something, and then filing for patents based on the invention, if that's what you're asking. To be fair, I don't think Pebble was aspiring to be acquired by Fitbit for their IP. They turned
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dpandey
10y ago
No wonder I was confused (and I'm a WatchOS developer).
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dpandey
10y ago
Their hardware and marketing are good, but software not so much - which is where magic happens. Completely agree that when it comes to software and user experience - Fitbit feels like a 'commodity'. The 30% fall was mainly trigger
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dpandey
10y ago
That makes way more sense. Thanks for correcting. PS: I momentarily thought maybe Apple had 'pulled a Siri' on the Watch. When the iPhone 4S came out, Apple deleted Siri from the App Store so only new (4S and later) devices had it
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dpandey
10y ago
That's a really really old model. I haven't used one recently - I'd say look at Amazon reviews. Friends who have bought them swear by them and my experience with them was exceptional.
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dpandey
10y ago
Fitbit blaze is a smart watch. "New products, Fitbit BlazeTM and AltaTM, including related accessories, comprised 54% of Q216 revenue". I don't know how revenue is split between the two, but it sounds like they're sellin
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dpandey
10y ago
Apple watch starts at $269. Apple Watch Nike at $369. I'm really impressed by how Apple is able to charge an extra $100 just by allowing a custom app to run on the home screen. Brilliant!
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dpandey
10y ago
The key focus of this acquisition seems to be the acquisition of assets (read 'IP'). Fitbit has had a rough time battling Jawbone in court (though ironically Jawbone has been the sufferer in the market while Fitbit revenue keeps g
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dpandey
10y ago
Garmin has been exceptional since before 2007 (that's when I bought my 305). It's been doing really well in revenue and growth recently.
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dpandey
10y ago
Fitbit had revenues of $14.5 million in 2011, $76.4 million in 2012, $271.1 million in 2013, $754 million in 2014, $1.8B in 2015 and is expected to do $2.4B in 2016. 'Failing' in what sense?
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dpandey
10y ago
Hard to back up that claim. Fitbit should be doing about $2.4B in revenue this year. That's only about 22% of the global market share.
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dpandey
10y ago
This paper is simply a comprehensive survey of VC opinion broken down statistically, rather than a genuine study into how VCs work. In other words, the singular focus on survey data without a sharp focus on correct interpretation has killed
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dpandey
10y ago
Believe me, I'm a big fan of the Apple Watch. Everytime I meet someone who uses (used to use) the Watch, it usually turns out they have given up because of short battery life. I have a series 1: looks like it has improved in recent ver
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dpandey
10y ago
It would be extremely unwise for the CEO of a very public company to make such a statement if it weren't true. The lift in units sold must definitely be affected by the recent price drop. Anecdotal evidence: we have a fitness app that
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