Can someone fix the title? it's click bait. There's no way to tell what the article is about without clicking on it. At least mention the company. (Good article though.)
So Close
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Re: So Close
#12Re: So Close
#13Can someone fix the title? it's click bait. There's no way to tell what the article is about without clicking on it. At least mention the company. (Good article though.)
It's the title of the article though, seems fine to me.
Just imagine every submitted article had a title like this: the HN frontpage would be full of links like "so close", "a look back", "introducing our most important features yet", "a statement regarding the events last weeks"...
HN would completely unusable like this because you would have to click on every single link to figure out what it is about.
Re: So Close
#14Re: So Close
#15Re: So Close
#16Ouch. A sadly common outcome of talking to corp dev. http://paulgraham.com/corpdev.html Agreeing to no-fundraising and exclusivity clauses during a long due diligence process really puts your head in their vise. And once it's there, people within the acquirer will start saying, Hey, we could built this ourselves! Let's run the clock out and kill the competition.
Re: So Close
#17If I understand the sequence of events properly, the company entered acquisition negotiations and agreed not to solicit other bids during that time. When the acquisition fell apart, the company was out of money and had to stop operations. If that's correct, it seems to me like it's something they should have known in advance -- if they knew they would be out of money by the end of the year, why would they enter acqui…
the original comment is at https://medium.com/@ben_73928/as-one-of-the-team-members-let...
Re: So Close
#18If I understand the sequence of events properly, the company entered acquisition negotiations and agreed not to solicit other bids during that time. When the acquisition fell apart, the company was out of money and had to stop operations. If that's correct, it seems to me like it's something they should have known in advance -- if they knew they would be out of money by the end of the year, why would they enter acqui…
protip: never be desperate.
easier said than done, sort of like "eliminate refined carbs from your diet" or "save enough for retirement" or "stop looking for love in all the wrong places"
Re: So Close
#19Is (was?) there something more to this product that I missed, or is it really a $700 smart lock?
It also has no manual override with a key like some smart locks -- it just has some backup batteries that last an unspecified amount of time. Because it has no key, it can't be re-keyed, so good luck convincing a landlord to let you install it in an apartment or rental home. And the company says it needs to be professionally installed.
I bet the owners of these things would spend more time thinking about and solving problems with them than most people spend operating their normal deadbolts with a key.