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Nest is acquiring Dropcam

nest.com

31–40 of 135 posts

Re: Nest is acquiring Dropcam

#31
post #18

Some interesting quotes from Dropcam's CEO last year: “Our business model is very straightforward. I think if your business model is not straightforward, it veers into potentially being unethical, if you look at things that are quote-unquote ‘free.’ None of the people who work here want to work on something that works like that. They look at it as tricking the user, when [a company is] turning around and using some p…

Funny how quickly things change when someone offers to hand you a lot of money. Granted, someone's opinions can change, but I feel like the first quote especially describes a personal philosophical value that wouldn't change on a whim.

I have said this many times before - everyone's ethics has a price. You just need to find the price. (Yeah yeah, there are exceptions in history but I am talking of the norm)

Re: Nest is acquiring Dropcam

#33
post #3

Google has acquired Nest... so now Google has also acquired Dropcam. I wonder why they call it Nest acquistion, to downplay privacy concerns?

Google has acquired Nest... so now Google has also acquired Dropcam

Nest wasn't an acquihire or an assimilation, but was always stated as a separately operating organization. As such, it makes total sense that Nest acquisitions are held as being under Nest.

If HBO acquired a show or a studio, you don't say that Time Warner acquired it. If NBC acquires a property, you don't say that Comcast acquired it. These arms lengths subsidiaries are at arms length for good logistical reasons.

Further it's interesting how much a privacy concern people think Google is on HN, yet in normal life the amount of trust in Google is...actually shocking. I mean Google makes no bones about telling you, endlessly, how much they know about you. They don't hide it.

Re: Nest is acquiring Dropcam

#34
post #11

Earlier quoted context omitted.

They did make a point of explicitly saying none of the data is shared with Google. But, yeah, probably best for fit PR to differentiate.

Dropcam runs on AWS [1], "ingest[ing] more video per minute than YouTube" [2] into S3. Presumably the cost savings from switching to Google infrastructure will be compelling enough to change that. They'll probably torture the semantics and say "the data is there but Google can't access it". [1] http://aws.amazon.com/solutions/case-studies/dropcam/ [2] http://gigaom.com/2013/07/31/dropcam-gets-30m-for-expansion-...

Naturally what what they mean is not, this data will never exist on a computer/network owned by Google. What they mean is we aren't going use video from your security camera for general Google projects, like street view, collecting large amounts of speech databases for voice recognition, figuring out what products you and enjoy using and tailoring advertising to fit that, or tracking epidemics in real time by monitoring how many people in your house are sick.

Re: Nest is acquiring Dropcam

#35
post #26
post #18

Some interesting quotes from Dropcam's CEO last year: “Our business model is very straightforward. I think if your business model is not straightforward, it veers into potentially being unethical, if you look at things that are quote-unquote ‘free.’ None of the people who work here want to work on something that works like that. They look at it as tricking the user, when [a company is] turning around and using some p…

> "He thinks the lavish perks at many technology companies, especially the free on-campus meals, are a disguised form of mind control, designed to get employees to work 12- or 14-hour days." Is there actually honestly anyone out there who doesn't think so? I mean, is it really disguised even? We give you stuff, you make your life revolve around the company. It's a very straightforward exchange in my opinion. Hell, pe…

I've often thought about this problem:

On the one hand, you want to provide perks that offset personal cost to your employees AND reduce the amount of time it takes for them to do something like lunch with the result in increased productivity (ostensibly simply due to removing factors such as travel-time-to-lunch-place).

The company store comes to mid, as well.

There are many great benefits that companies do provide: free commute costs (bus, bike and ferry service) as well as on-site food...

Perhaps a way to quash any misgivings about such services would be to provide a daily per diem for services as pay, where you get the per diem pay UNLESS you partake of the companies service instead.

So you badge into each service and thus get that per-diem pay redacted from your check.

If you use NONE of the company's services, then you get that same portion of pay back.

This also has its problems, though.

----

What I would far prefer, though, is tech services system that companies can buy into:

Want your employees to be able to bus from SF to MTN VIEW: pay in and let them badge into that service.

Why should all the tech giants run separate services that are basically all the same routes? Let a company run that, and let ANY company add users and pay based on badging.

Let companies have a "groupon" of sorts for restaurants in their area, where the per-diem lunch allowance is spendable at any restaurant within a radius of the office. The employee will get a % of their meal paid for by the company, and they pay for anything they personally want over the base?

Allow for perks that are not walled to the campus/office/etc.

Heck, Path.com employees had a monthly Uber allowance they could spend...

This should be encouraged in Silicon Valley, to allow startups to share services at a discount which both provides revenue, data, testing, users, validation, etc....

Re: Nest is acquiring Dropcam

#36
post #26
post #18

Some interesting quotes from Dropcam's CEO last year: “Our business model is very straightforward. I think if your business model is not straightforward, it veers into potentially being unethical, if you look at things that are quote-unquote ‘free.’ None of the people who work here want to work on something that works like that. They look at it as tricking the user, when [a company is] turning around and using some p…

> "He thinks the lavish perks at many technology companies, especially the free on-campus meals, are a disguised form of mind control, designed to get employees to work 12- or 14-hour days." Is there actually honestly anyone out there who doesn't think so? I mean, is it really disguised even? We give you stuff, you make your life revolve around the company. It's a very straightforward exchange in my opinion. Hell, pe…

Sounds like the mine owner opening up a mine shop for the miners where they can spend their mining earnings.

http://en.wikipedia.org/wiki/History_of_coal_miners#Company_...

Creepy.

Re: Nest is acquiring Dropcam

#37
post #26
post #18

Some interesting quotes from Dropcam's CEO last year: “Our business model is very straightforward. I think if your business model is not straightforward, it veers into potentially being unethical, if you look at things that are quote-unquote ‘free.’ None of the people who work here want to work on something that works like that. They look at it as tricking the user, when [a company is] turning around and using some p…

> "He thinks the lavish perks at many technology companies, especially the free on-campus meals, are a disguised form of mind control, designed to get employees to work 12- or 14-hour days." Is there actually honestly anyone out there who doesn't think so? I mean, is it really disguised even? We give you stuff, you make your life revolve around the company. It's a very straightforward exchange in my opinion. Hell, pe…

I've often thought about this problem:

On the one hand, you want to provide perks that offset personal cost to your employees AND reduce the amount of time it takes for them to do something like lunch with the result in increased productivity (ostensibly simply due to removing factors such as travel-time-to-lunch-place).

The company store comes to mid, as well.

There are many great benefits that companies do provide: free commute costs (bus, bike and ferry service) as well as on-site food...

Perhaps a way to quash any misgivings about such services would be to provide a daily per diem for services as pay, where you get the per diem pay UNLESS you partake of the companies service instead.

So you badge into each service and thus get that per-diem pay redacted from your check.

If you use NONE of the company's services, then you get that same portion of pay back.

This also has its problems, though.

----

What I would far prefer, though, is tech services system that companies can buy into:

Want your employees to be able to bus from SF to MTN VIEW: pay in and let them badge into that service.

Why should all the tech giants run separate services that are basically all the same routes? Let a company run that, and let ANY company add users and pay based on badging.

Let companies have a "groupon" of sorts for restaurants in their area, where the per-diem lunch allowance is spendable at any restaurant within a radius of the office. The employee will get a % of their meal paid for by the company, and they pay for anything they personally want over the base?

Allow for perks that are not walled to the campus/office/etc.

Heck, Path.com employees had a monthly Uber allowance they could spend...

This should be encouraged in Silicon Valley, to allow startups to share services at a discount which both provides revenue, data, testing, users, validation, etc....

Re: Nest is acquiring Dropcam

#38
post #30

I don't want to spread any unwarranted negativity here, but does anyone know how this fits into Nest's business model? I get Dropcam's business model of letting people check in on their home when they are on the road, on vacation etc, but hasn't Nest's business model been data mining from the very beginning? How does placing cameras in customers' homes fit into this model? I also wonder about the privacy policy quest…

I think it falls into a sort of "home automation/monitoring" model. As we move further into the "Internet of Things" spectrum, Google and Nest are just securing their place. Think about how Microsoft and Sony's gaming platforms continue to build on the idea of being the only device you need for your TV. I wouldn't be surprised if Nest sought to acquire someone like Fitbit for the same thing, monitoring health/fitness via the bracelet or weight scale; or an automated garage door opener company (if they did monitoring/diagnostic work when the car is in the garage).

Re: Nest is acquiring Dropcam

#40
post #11
post #4

Earlier quoted context omitted.

Yup, the want to avoid the headline: "Google buys network of in-home cameras."

They did make a point of explicitly saying none of the data is shared with Google. But, yeah, probably best for fit PR to differentiate.

Google has demonstrated zero hesitation about changing privacy policies when it suits them.
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