148 karma · joined May 16, 2010
As far as winning out vs competitors, efficiency can be key. There is no question there.
One of the things about frontier tech (autonomous, AR, sensor networks, ML) is that many people are funded and do it too early. So they need to somehow last.
Most startups spend the money within two years or less. It’s programmed into the psychy. A Sequoia would never admit this but they want you to spend your money fast and move on to the next thing if you aren’t growing fast enough. Buying one more year can be crucial.
This reminds me a lot of Amazon marketplace, where they took the core service (Amazon e-commerce) and opened it up to others without holding inventory. They can use other people’s orders to gain even more scale and drive costs down lower in the distribution network, commoditizing the complement layer (delivery, in this case UPS and FedEx).
Thanks for the support!
Sometimes we think of Estimote Stickers as 'Tile for Developers', at least among the community that knows Tile.
Meaning, we're a developer facing platform, more B2B2C and anyone can create a digital tethering application, and any app can adopt it.
We have a big vision for the 'Nearables' concept and hope that the community can push this narrative forward together. Sometimes we think abstractly of beacons as place URLs for physical objects.
It's just one ad related study but the magnitude of the difference is staggering.
(author of original blog post here).
I am referring to the Cydia store by @saurik.