- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Nest is in shambles
Posted on 4/8/16 at 9:57 am to TigerWise
Posted on 4/8/16 at 9:57 am to TigerWise
Google bought the company for over $3 billion and paid Tony and Company big dollars to keep them on to help them scale and expand the Nest Platform. On top of that, they gave them a $500 million dollar budget for 3 years.
This is the final year of their $500 million dollar budget, and they have $340 million dollars in revenue. That's not net, either.
So you're almost done burning through a billion and a half dollars and you're still LOSING over a quarter of a billion dollars a year after you paid over THREE BILLION for it...putting yourself on the hook for at LEAST 4.5 BILLION DOLLARS between the acquisition and the subsequent budget?
Let's not even talk about how much Dropcam cost to acquire. Or the salaries they're paying.
Their churn rate is Chernobyl-esque, even for the Valley.
Fadell is set to make Scott Forstall's departure from Apple look more like he won the Employee of the Month Award.
The biggest tell was that Google's working on an Alexa/Echo Competitor and they won't let Tony's team in on it...I mean...Hello? How much bigger of a vote of no confidence could you give the guy?
Dead Man Walking...and evidently he doesn't even know it yet...
This is the final year of their $500 million dollar budget, and they have $340 million dollars in revenue. That's not net, either.
So you're almost done burning through a billion and a half dollars and you're still LOSING over a quarter of a billion dollars a year after you paid over THREE BILLION for it...putting yourself on the hook for at LEAST 4.5 BILLION DOLLARS between the acquisition and the subsequent budget?
Let's not even talk about how much Dropcam cost to acquire. Or the salaries they're paying.
Their churn rate is Chernobyl-esque, even for the Valley.
Fadell is set to make Scott Forstall's departure from Apple look more like he won the Employee of the Month Award.
The biggest tell was that Google's working on an Alexa/Echo Competitor and they won't let Tony's team in on it...I mean...Hello? How much bigger of a vote of no confidence could you give the guy?
Dead Man Walking...and evidently he doesn't even know it yet...
Posted on 4/8/16 at 10:19 am to GFunk
everything you said..and add to that they have released
ZERO
NONE
NADA
new products.
not one.
ZERO
NONE
NADA
new products.
not one.
Popular
Back to top
Follow TigerDroppings for LSU Football News