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After Kickstarter Record, Pebble Smartwatch Lands $15M From VCs
LeadSongDog writes "The Globe and Mail is reporting that the 'Pebble' smartwatch has matched the $15M record for Kickstarter funding after initially being panned by the VC crowd." One advantage that the Pebble has over rumored watches from big names like Google and Apple is existing.
When the flip phone was all the rage it often reminded me of an 1890's station master pulling out his pocket watch and flipping it open/closed and then sliding it back into his pocket. The wristwatch basically put the pocket watch out of action. I suspect that history is going to repeat itself as I am now pulling out my smartphone repeatedly to quickly check various things such as the time, the weather, certain stocks, who just called, GPS, who just messaged, ebay alerts, fiddle with the audio, etc. Rarely do I pull out my smartphone to use the larger screen for things such surfing, typing, or talking.
So for at least 90% of my smartphone interfacing it would be awesome to interface with a convenient wrist watch to reach the phone in my pocket or pack. The key is that the watch does not stray into any territory where the phone excels. An example would be mapping. Don't try to put a small map on my watch; that will just drive me nuts. But a navigation app that just distance, direction, and turning instructions would be perfect for a watch.
Where I am presently confused is how to interface with my audio. I guess I could either use a bluetooth earpiece (loser) or headphones with a microphone and that would be fine.
The smartphone interface watch will be far more successful than google glasses. I think that google glasses will be cool for the most part at fulfilling our terminator fantasies but not for meeting our boring needs such as: What time is it?
I get that you're trying to provoke a reaction. The problem is, no one's offended by that kind of thing anymore. It's 2013, and we've all been desensitized by goatse and shitting dick-nipples. Plain obscentiy won't work anymore; you have to move on to something new and fresh.
Would be impressive if this product wasn't being sold as a watch. It's nice to imagine "a watch that can do all this stuff", but for me a defining factor of a watch is something I don't have to worry about recharging (or replacing the battery of).
and they only took 15 million? One can only hope they didn't give up their rights in return.
who still wears a watch?
How old are you? 14? Your troll is lame. Work on it.
One advantage that the Pebble has over rumored watches from big names like Google and Apple is existing.
Apple has rarely entered a market first. iPod, iPhone, iPad, Air, etc. Hasn't stopped them from being successful, and in some cases reshaping or redefining the market.
Do you want to be the first to jump into the water, or see what happens to the other person when they jump in the water?
Please help metamoderate.
I've never heard someone under 30 years old use the word "rancid". It has really fallen out of use. That guy is probably old and sad.
http://soylentnews.org/~tibman
If I contributed to the kickstarter, I'd be royally pissed. Kickstarters basically gave $15M to the VCs, who are going to basically own this device. Kickstarters paid for development and initial manufacturing so the VCs wouldn't have to.
Why do they need VCs, they have millions in the bank already.
That's basically what kickstarter is - it's a way for VCs to crowdsource initial investments without having to give any stock in return. As an AC noted below, in this case, it would appear that the kickstarters basically gave the VCs a gift of $15M, since now the VCs won't have to make any investment for initial development, prototyping, and manufacturing.
It's a pretty sweet deal if you're a VC - just snap up these kickstarters that someone else paid to develop, and laugh all the way to the bank.
There haven't been any Viet Cong for decades now. They're all simply Vietnamese now.
Mit der Dummheit kämpfen Götter selbst vergebens
Kickstarters are not angel investors. Usually-- and this was the case with Pebble-- Kickstarters are prepaying for the device, and those prepayments fund development and initial manufacturing. And, the amount raised through Kickstarter was $10M, not $15M. (The latter is the figure that the VC is adding.)
Yes, I was a Kickstarter backer for Pebble. And, I received mine, at the stated discount. So I got my expected ROI.
HSJ$$*&#^!#+++ATH0
NO CARRIER
I have now owned my Pebble for a month and have been using it with my iPhone 4S the entire time. I absolutely love it. The ability to keep my phone on silent while still seeing text messages, and who's calling without pulling my phone out is great. I backed it back in May 2012 when it was first featured here. One thing I love about the Pebble is it's usable! The E-Paper display and 7 day battery life got me. I once owned a Fossil Abacus (Look it up) back in 2006. It ran PalmOS 4. Battery like was dismal, a day at best, and it didn't even display the time unless you pressed the button. There was no connectivity, as smart phones were just coming into existence. After a month of use I called it quits because of the dismal battery life, always needing charging. Why I got the pebble is because I already have to charge my iPhone daily, or every other day. I don't want another device I use all the time always needing a charge. I regularly get 6 days battery life on my Pebble, and that's when Low Battery comes on. If i let it go no doubt it would go a full 7 days. Why I think Apple, Microsoft, Samsung, Google etc will fail in this market. I believe if any of them got into the SmartWatch market, they would use Full-Color LCD's. This means a dismal 2-3 days of battery. And the average Android and iOS user would want Video's, Songs,and all their favorite Android and iOS apps to work on it, like a tiny iPod Touch. This means battery draining graphics and higher end processors. The Pebble is great in this market because it accepts it's a Watch and a Companion device to a phone, where I dont think Apple and the other big players would try to market it as such.
don't but use mare morals don't don't always want to pull out our brick of a phone out of our pocket do.
by TheSpoom (715771) Uncaring Linux user here. I have nothing to add to this but please continue. *munches popcorn*
Of course it's not that simple. The Pebble people aren't idiots, surely the investors got substantially less of the company in return for their $15 million dollars when the company already has an existing product and people who know about it on the internet and so forth.
Whereas if they gave $15 million to a company with no product and no recognition, they could get whatever they wanted. $15 million buys you more when you get in on the ground floor, and they didn't.
The new and easy way for the Rothchilds, Banker barons, and CIA to filter any new technology coming up and actively controlling it and distributing it to their liking.
If you cocksuckers didn't notice this is what the entertainment industry did with American Idol when it started: A systematic system of filtering all of the talent in the world so that in the end they can be controlled by said Rothchilds, Banker Barons and CIA
Americans are fucking stupid.
funniest thing I've read all day! someone mod this funny (esp. the american idol bit).
world was created 5 seconds before this post as it is.
My thoughts, for what it's worth:
Appearance - not bad but not great. I wouldn't get one in any of the bright colors that they offer (but if that's your look, then there you go), but my plain black Pebble looks okay. It's a bit big, but not as big as I thought it'd be. It looks 'normal' enough to not get a whole lot of looks in a typical business-casual environment, but it's not going to win any design contests. However, for me, I wanted it for the functionality, so the look isn't that important to me.
Build quality - so so. I don't feel like it's going to break if I drop it, but it's mostly plastic and doesn't feel as rock-solid as, say, an iPhone 4/4S/5.
Battery life - Great, now. It was pretty poor at first (when sync'ed w/ an iPhone; I heard Android users had better luck), but a recent software update has improved the battery life tremendously. I now get 7+ days regularly (though I usually turn the bluetooth off at night).
Watch - it tells time well enough. :-) I love the ability to change watch faces. They just recently opened up the SDK, so I expect more watch faces to be available as well as other apps.
Accelerometer -- I'm sure this will be used in many apps in the future, but for now, it's still kind of a cool feature that I can just flick my wrist to turn on the backlight. :-)
Phone sync - this is what it's all about. It's...okay, but it has potential, and keeps improving rapidly. There is currently an annoying iOS bug where it doesn't always sync up with all the services (SMS, email, calendar, etc) you want it to, and you have to toggle the alert in the iOS settings for it to see the connection again. I usually do this once a day whether it needs it or not, since it only takes a few seconds. Regardless, it's GREAT to have. My personal favorite is the calendar reminders (I'm in a out of meetings a lot all day at work). It's great to check quick text messages without pulling out my phone too. Emails are usually too long to be worth reading on a watch, but it can do some of that if you want. You can also control media playback with it, pretty much out of the box. And it displays the number or name of someone calling you, or whoever you're on the line with, so for example you can check your watch and ignore a call without taking out your phone.
Apps are finally starting to arrive. Supposedly Runkeeper has some Pebble integration now, though I don't use that app personally.
There definitely seems to be more you can do with it on Android, but I'm an iPhone user at the moment, so I can't speak to that at all.
Recently released updates seem to have enabled some key functionality for someone to possibly make a "killer app", so I am anxious to see what starts showing up in the near future.
It's well worth keeping an eye on if you consider yourself to be even a little bit of an early adopter:
http://www.kickstarter.com/projects/597507018/pebble-e-paper-watch-for-iphone-and-android/posts
FYI, people generally go with "gross" or "nasty" now. Also, assholes generally smell bad anyways however the smell of death should never emanate from a living person. Get that guy to the hospital.
http://soylentnews.org/~tibman
I'm not sure that e-Ink would be better in this case, depending on how you configure the watch-face. For an ebook reader, you read for approximately an hour, changing pages every 2-3 seconds. For a watch, it may be updating every second (assuming you have a "seconds" counter of some sort showing, or a chronometer etc). E-ink might not be fast enough to refresh, and with 1-update-per-sec it also might have have much advantage battery-wise.
The naming is a bit sneaky, though.