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Who actually expects this to succeed? It's a mediocre flagship.
>It's a mediocre flagship. So was Android. It's a bet on Rubin himself and the team he's recruited, not on the current product.
Earlier quoted context omitted.
>It's a mediocre flagship. So was Android. It's a bet on Rubin himself and the team he's recruited, not on the current product.
But they have a product. It's a smartphone, in a saturated, downhill headed market.
This one honestly makes no sense to me. How is this company being valued at a Billion dollars with a flagship product that is indistinguishable in features and price from any of its competitors. Who the hell is going to gamble on a new, no name brand for a $700 product that is exactly like the very reputable products from Apple, Samsung, and 50 other phone manufacturers?!?
https://en.wikipedia.org/wiki/Andy_Rubin
His track record is amazing (Danger/Android).
I agree 100% with everything you have said but I'm willing to see where this goes based solely on his reputation.
Surely their is something more to this than just building a high end Android phone with a little privacy tech thrown in.
This one honestly makes no sense to me. How is this company being valued at a Billion dollars with a flagship product that is indistinguishable in features and price from any of its competitors. Who the hell is going to gamble on a new, no name brand for a $700 product that is exactly like the very reputable products from Apple, Samsung, and 50 other phone manufacturers?!?
Think of this company as a future acquihire for someone like LG who needs a better flagship phone or for companies who wish to have an experienced, design-savvy team capable of delivering on IoT and mobile products. Or there is even a free letter over in the Alphabet company for an in-house hardware player comparable to Microsoft's Surface strategy.
Even if you can design a better phone, Apple has two massive moats protecting them, namely, iOS and their manufacturing prowess.
The investors in this are going to take a bath. Again, this isn't the outcome I want, but I think it's the outcome we'll get.
Who actually expects this to succeed? It's a mediocre flagship.
Perhaps Rubin's end-game is to do a fork of Android that would break away reliance on Google and then be acquired by Samsung for a few billions.
I wouldn't support a different app store that competes with Google for control of Android.
This one honestly makes no sense to me. How is this company being valued at a Billion dollars with a flagship product that is indistinguishable in features and price from any of its competitors. Who the hell is going to gamble on a new, no name brand for a $700 product that is exactly like the very reputable products from Apple, Samsung, and 50 other phone manufacturers?!?
Earlier quoted context omitted.
But they have a product. It's a smartphone, in a saturated, downhill headed market.
They have another product as well, it's not a smartphone. https://www.essential.com/home
Is it me or investments like this should be better of some better startup ideas like solving global warming, crisis in other parts of the country. There are other parts of the world that needs more solutions than another phone.