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by PostOnce
3121 days ago
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We're going to get to a point where no one is willing to invest any time or money (as a consumer) into products sold by a startup, because they all vanish quickly and with short or no notice. I'm already at that point. It'd suck to be a stable startup with plenty of funds/cashflow in a similar niche to a company closing like this, and have people not willing to try your product because they're now too timid. |
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Something like a credit card is, of course, vulnerable to what you say. But the benefit to this sort of timidity is that companies making IoT things ought to lean more heavily into ensuring that their products will work even if they go under.