Fitbit Is Close to Buying Software Assets from Pebble
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Re: Fitbit Is Close to Buying Software Assets from Pebble
#2If this goes through, best of luck to everyone from Pebble and Fitbit. Hardware is tough, but we all need it.
Re: Fitbit Is Close to Buying Software Assets from Pebble
#3Lord why? 40M for engineers who will quit as soon as possible? What is the point?
《Edit》honestly I read the whole article, please explain how this makes sense from a fitbit perspective.
Re: Fitbit Is Close to Buying Software Assets from Pebble
#4A lot of the signals here are pointing to a result of Pebble getting as much as they can at this point without anyone having to actually fulfill undelivered promises. Sad, but such is the way of backing things on kickstarter and equivalent sites.
Re: Fitbit Is Close to Buying Software Assets from Pebble
#5If this goes through, best of luck to everyone from Pebble and Fitbit. Hardware is tough, but we all need it.
Can anyone think of an example where you take two failing tech companies, merge them, and it works out?
Re: Fitbit Is Close to Buying Software Assets from Pebble
#6If this goes through, best of luck to everyone from Pebble and Fitbit. Hardware is tough, but we all need it.
> Hardware is tough, but we all need it.
As the 2016 market has shown, "need" is perhaps too strong a word for a smart watch.
Re: Fitbit Is Close to Buying Software Assets from Pebble
#7"The deal will mean the Pebble stock held by employees is worthless, two of the people said. The money will instead go to debt holders, vendors, some of its main equity investors, and Kickstarter refunds for the Time 2 and Pebble Core orders, the people said."
Re: Fitbit Is Close to Buying Software Assets from Pebble
#8Re: Fitbit Is Close to Buying Software Assets from Pebble
#9Lord why? 40M for engineers who will quit as soon as possible? What is the point? 《Edit》honestly I read the whole article, please explain how this makes sense from a fitbit perspective.
is there data or statistics about this topic?
i'm sure someone with access to this data could determine if market impact and recruitment costs would make it worthwhile
Re: Fitbit Is Close to Buying Software Assets from Pebble
#10Lord why? 40M for engineers who will quit as soon as possible? What is the point? 《Edit》honestly I read the whole article, please explain how this makes sense from a fitbit perspective.
Typically, key engineers from the acquired company will have some sort of bonus tied to staying for a length of time. When LG bought the webOS group from HP, many got bonuses payable after one year, for example. That gives them time to maybe convince some to stay, and to get the value needed for their own internal teams to take over the technology.