It blows my mind that a chat client is worth over 26 times what Boston Dynamics is.
Could you add context? What chat client?
Slack was recently acquired for $27 billion, so I assume they're referring to Slack.
Hyundai buys Boston Dynamics for nearly $1B
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Re: Hyundai buys Boston Dynamics for nearly $1B
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#26It blows my mind that a chat client is worth over 26 times what Boston Dynamics is.
Could you add context? What chat client?
In this context, many tech chat/social products would fit the bill. Myspace was acquired for ~$600 million, Instagram and Tumblr for $1 billion, WhatsApp for $20 billion. The more recent acquisition was Slack for $27billion.
Re: Hyundai buys Boston Dynamics for nearly $1B
#27It blows my mind that a chat client is worth over 26 times what Boston Dynamics is.
Same here. I can imagine Boston Dynamics stepping into arbitrary dangerous situations ranging from construction to rescue to military to mining to anything else. Slack's tech moat is minor, network effects are not considerable (not enough companies using slack to connect to third parties) and Microsoft is destroying them.
They've been trying to sell their robots to all of those customers for years, but they're still way too expensive for the benefit. As I see it, they're a very risky venture with their value mostly being in a hypothetical bright future.
Re: Hyundai buys Boston Dynamics for nearly $1B
#28A neat reminder that most Mergers and Acquisitions are money losing and that robots on legs are a neat idea but mostly useless
Legs are an over-engineered solution if your only use-case is a nice, flat surface.
Outdoors, or even indoors with random flights of stairs thrown in, they make sense as a robust and effective solution.
Re: Hyundai buys Boston Dynamics for nearly $1B
#29I realize Korea is an ally, but this seems like tech we wouldn't want to lose the domestic capability to produce. Or tech we wouldn't want to cede the lead on.
Why would Darpa pour so much money in for this outcome?
Re: Hyundai buys Boston Dynamics for nearly $1B
#30This alongside the recent Apple car rumours makes Huyndai quite forward-leaning.