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by kguttag
1592 days ago
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I don't think the issue is color. Their original product was trying to differentiate on Vergence Accommodation Conflict (VAC) and did a poor job of it. They were also going after the consumer with a product that was always going to be way too expensive for consumers with an image quality that was going to be too poor. They also made what I think is a bad set of trade-offs in terms of ergonomics and human factors. The problem with medicine is that is it a tiny market. You can't justify the type of money they were trying to raise for that market. Under Abovitz, they were always a swing for the fences company. All the above said, nobody I know of is making money selling AR headsets today. They are either subsidized by VC or other investment money or by big companies funding R&D efforts. The market is not other product areas where you can make money with an MVP and grow the product. |
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