Nest's Time At Alphabet: A 'Virtually Unlimited Budget' With No Results (arstechnica.com)
Ron Amadeo, reporting for Ars Technica (edited and condensed): Nest CEO Tony Fadell wasn't officially "fired" from Nest, but it certainly feels like it. In just the last few months, Nest has had to deal with reports of an "employee exodus," a string of public insults from Dropcam co-founder and departing Nest employee Greg Duffy, news that even Google supposedly didn't want to work with Nest on a joint project, and fallout from the company's decision to remotely disable Nest's deprecated Revolv devices. [...] It's hard to argue with the decision to "transition" Fadell away from Nest. When Google bought Nest in January 2014, the expectation was that a big infusion of Google's resources and money would supercharge Nest. Nest grew from 280 employees around the time of the Google acquisition to 1200 employees today. In Nest's first year as "a Google company," it used Google's resources to acquire webcam maker Dropcam for $555 million, and it paid an unknown amount for the smart home hub company Revolv. Duffy said Nest was given a "virtually unlimited budget" inside Alphabet. In return for all this investment, Nest delivered very little. Two-and-a-half years under Google/Alphabet, a quadrupling of the employee headcount, and half-a-billion dollars in acquisitions yielded minor yearly updates and a rebranded device. That's all.
Virtually unlimited goodwill from users with no results
a solution looking for a problem.. that causes other problems.
I, for one, welcome our IoT overlords! If not Nest, then the next naked attempt to cash in on as much personal data as they can get away with extracting!
All hail our benevolent Silicon Valley spy master overlords! HIP HIP HURRAH!
Based on my experience in a company that went on a shopping spree during the run up to the dot com bust, Google overpaid and Nest had unrealistic expectations.
TLDR : WTF is NEST? :)
PS: Pretty please
Has the buying out of a smaller company EVER resulted in a better product for the consumer?
Cheaper, maybe... but almost certainly more diluted as creative control and vision is coopted/usurped.
My eyes reflect the stars and a smile lights up my face.
Remember, Googles cash comes mostly from spyware advertising, this why billions of googlebucks provide little real world results.
When was the Dropcam anything more than a rebranded Chinese webcam?
They released an overhyped thermostat. Google then spent 3.2 billion dollars... on a thermostat company.
Sure they had vague ambitions of a connected home that jived with IoT, but all the company had really gotten into the world was a damn thermostat that could connect to the internet.
No matter how good or bad that concept sounds, it was stupid to justify a 3.2 billion dollar investment on that one concrete thing.
XML is like violence. If it doesn't solve the problem, use more.
Growth by acquisition has never worked, does not work now, will never work in the future.
Companies that grow only by buying things are doomed. Utterly. If you are working for one, update your resume now.
Giving that Google is primarily ads and not consumer products, I bought a y-cam instead of dropcam. Did not trust google to actually innovate.
"She's a scientist and a lesbian. She's not going to let it slide." Orphan Black
I was all set to buy a couple of Nest devices for me house... right before Google purchased them.
I don't want a bunch of Google data gathering devices in my house.
I wouldn't say that was probably a common reaction, but I'm sure Google owning the company made other potential customers uneasy as well. If for no other reason than a company being bought means a device you buy may well have support yanked (as Google Nest did with one of the copies they acquired!).
"There is more worth loving than we have strength to love." - Brian Jay Stanley
25% jumps in the last weeks :) https://bitcoinwisdom.com/mark...
I have a Nest thermostat. It displays in large the temperature you set it to instead of the current room temperature. What the actual fuck? A mercury thermometer is smarter than this.
There was a feature request for this opened in 2013, it has 1683 votes and its the third most popular feature request. You would think that even an entry level programmer would be able to fix that or add an option, but no, the feature has been completely ignored for years and contacting support about it only gives the reply "keep voting for it", even though that is clearly going to /dev/null. The other popular features request are equally ignored.
I am very frustrated by the complete lack of support these devices have. The entire community web site is nothing more than a pacifier for nest owners.
How about the profit from having cameras, microphones, and other sensor data right in people's houses.
Oh wait, like Facebook's chat, I'm sure that's never misused...
Wtf is he doing on Medium. His layoff terms prohibit him from being public about company business
I think Google buys all those companies just to acquire talent. Google is famous for rather hardnosed/pragmatic approach to managing it's workforce. Such an approach successfully weeds out bullshit artists (e.g. Marissa Mayer). Unfortunately this approach also fairly harsh on true visionaries.
Apparently Google thinks that because bullshit artists outnumber visionaries as 1000 to 1, it's an acceptable loss.
And to compensate for this they simply wait for other companies to cultivate the talent and then swoop in.
I live in Florida so I liked the idea of a learning thermostat to save some money. Instead what I figured out (and should have known ahead of time) is that it is just better to keep the setpoint constant. Sure I saved $10/mo but the house was always muggy and uncomfortable. Part of the reason is I have a high efficiency A/C so when I keep the setpoint constant it just runs the low speed compressor and fan and keeps the house cool and dry. When the nest shut everything down to save energy when we returned it had to kick on the high speed to get back to temperature. I'd gladly pay $10/mo for a comfortable house and less wear and tear on my $10k A/C unit.
I love Jesus, except for his foreign policy.
Better now than pre-Google.
some of the time.
Don't forget that after abandoning Glass and the Explorers who paid a significant overcharge with the expectation of above-average service and support, Glass was "transitioned" to Fadell.
Look where that got Glass - even more dead than it was when the Explorers program was canned with a device that was LESS functional than it was when it shipped to most users. (KitKat on Glass was a clusterfuck of epic proportions, it destroyed battery life, stability, and performance, and they never got it to perform anywhere close to what it delivered when running ICS. What's worse, the fixes they DID managed to get in over the summer of 2014 to make it suck less all got reverted out for the final software update in September/October 2014 or so, which rendered units near-useless. When delivered, my Glass unit easily got 24 hours of battery life with my typical usage patterns. After the final software update - my unit would usually run out of battery in 8 hours of sitting on a shelf doing absolutely nothing.)
retrorocket.o not found, launch anyway?
Spend less, deliver more.
hey, I liked the way dropcam did their zone alert summary.
I just didn't like having to 1) subscribe to 2) constantly upload to their cloud to use it.
the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff
ecobee makes a much better thermostat.
Too much visionary for America, you'd better start learning Telugu now if you want to keep your job in Google :)
the longest o8 OpenBSD leader Theo do, or 1ndeed what
Unlimited operating budged, increased staff and full autonomy. And he is complaining about what exactly? Oh, I get it -- the unlimited acquisition budget. Yep. Money is the root of all evil. And it looks like he's been struck with this pernicious curse and doesn't know what to do about it.
Any guest worker system is indistinguishable from indentured servitude.
That is a typo, I am not a pirate.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
When this bubble comes crashing down, I think people are doing to use the Nest as the archetype company that got a lot of investment for little return. Kinda like the cuecat or something similar from that era. Analysis will say "how could Alphabet pay that much for a thermostat company!?!?"
Google doesn't "get" home automation and IoT any more than other companies like Apple do.
Apple actually gets the whole space very well...
Which is why they made a really nice framework (HomeKit) for interfacing with all kinds of devices, but don't actually make any themselves. Unlike Google.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
https://www.biblegateway.com/p... 14 âoeFor it will be like a man going on a journey, who called his servants[a] and entrusted to them his property. 15 To one he gave five talents,[b] to another two, to another one, to each according to his ability. Then he went away. 16 He who had received the five talents went at once and traded with them, and he made five talents more. 17 So also he who had the two talents made two talents more. 18 But he who had received the one talent, manishs was his name called, went and dug in the ground and hid his master's money. 19 Now after a long time the master of those servants came and settled accounts with them. 20 And he who had received the five talents came forward, bringing five talents more, saying, âMaster, you delivered to me five talents; here I have made five talents more.â(TM) 21 His master said to him, âWell done, good and faithful servant.[c] You have been faithful over a little; I will set you over much. Enter into the joy of your master.â(TM) 22 And he also who had the two talents came forward, saying, âMaster, you delivered to me two talents; here I have made two talents more.â(TM) 23 His master said to him, âWell done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.â(TM) 24 He also who had received the one talent came forward, saying, âMaster, I knew you to be a hard man, reaping where you did not sow, and gathering where you scattered no seed, 25 so I was afraid, and I went and hid your talent in the ground. Here you have what is yours.â(TM) 26 But his master answered him, âYou wicked and slothful servant! You knew that I reap where I have not sown and gather where I scattered no seed? 27 Then you ought to have invested my money with the bankers, and at my coming I should have received what was my own with interest. 28 So take the talent from him and give it to him who has the ten talents. And cancel his H1B visa. 29 For to everyone who has will more be given, and he will have an abundance. But from the one who has not, even what he has will be taken away. 30 And cast the worthless servant into the outer darkness. In that place there will be weeping and gnashing of teeth.â(TM)
Keep the whitehouse white, vote Trump & Palin 2020.
Sounds like a terrible, terrible idea.
Most of Nest's management "brainpower" would necessarily have gone into managing that growth and re-org'ing projects and departments several times.
Completely BADDDDDD strategy.
Google bought a highly focussed successful startup, and the way the acquisition was managed, it looks like the focus and execution ability was lost and the potential for sane expansion of the product offering and feature set at a sane pace was squandered.
Not sure who was responsible for that disastrous headcount growth rate and overly ambitious speed-of-execution plan but it looks like a predictable clusterf@&k.
Where are we going and why are we in a handbasket?
But you were fine with data gathering for a third party who have no history
Wha?
I am not in fact fine with that either.
I have a thermostat that talks to no-one and is crudely programmable (if you can call setting variables as to what days/times the system activates "programming").
When has the devil you don't know been a better choice?
Well in actual fact Google has a pretty terrible history with all this, second only to Microsoft (who I would rather not share data with either).
"There is more worth loving than we have strength to love." - Brian Jay Stanley
They haven't fucked anything up. No beta, they didn't remove the "use classic" link from that horrid mobile site, haven't caused any problems. What they have done so far is engaged with the community, solicited input, and made small improvements that don't cause any new problems.
If I thought any of the presidential candidates would do as well, I would have volunteered for their campaign. :)
Come to think of it, MANY people consider Bill Clinton the best recent president. Why, what did he do? Mostly he spent his time dealing with sex scandals. He didn't muck up the growing economy that he inherited or do anything else too bad. His wife spent 8 years as a senator and is now likely to become president. Why, what did she do in her 8 years in the senate? She sponsored a total of three bills in her eight years:
S. 3145: Name a road "Timothy J. Russert highway".
S. 3613: Name a post office the "Major George Quamo Post Office Building."
S. 1241: Designate a union building as a National Historic Site.
That's it, in eight years as a senator. Apparently that's a great senator, one who should perhaps be president. By this measure, Whiplash should at least be vice president.
I wonder if new leadership for this branch is going to actually bring some innovation, and better smart home solutions... Or if we're just going to see the nest keep on slowly progressing (where?).
For what is essentially a high school senior design project and $40 off of ebay?
the thing about programable thermostats are that they are as freindly as a vintage VCR or Clock radio to program. But before the word went digital there were the old Homeywell thermostats with a twist timer. Just like an egg timer in your kitcher, you twist the dial and it counts down the hours. while it's ticking it stays off. so when you leave or it is night time you just give it a twist. No need to be hyper accurate.
Some drink at the fountain of knowledge. Others just gargle.
Baghead has some great ideas at Hooli.
Some drink at the fountain of knowledge. Others just gargle.
Wait, aren't you being a hypocrite for praising Bill for (paraphrase) not doing much, yet attacking Hillary for doing the same?
MAYBE (I'm not saying she did) she successfully FOUGHT AGAINST bills you didn't like, and caused them to not be passed.
What the FUCK does bill clinton have to do with NEST ? Jessus take your ADHD Medication...
A) Where did I criticise Hillary? I said she's considered one of the best senators, enough that she's likely to be elected president. I listed all of the bills that she sponsored as a senator. If you think her three bills aren't impressive, that's your own judgement.
B) A hypocrite is someone who publicly espouses one thing, while privately believing the opposite.
I wish people here wouldn't poop on a product they haven't even tried. For me Nest thermostat paid for itself in the first year. I have a large house. Nest lets me trivially not heat the (or cool) house when I'm not there, yet also turn on the heating it when I'm heading home from work. It's objectively a great product. The "learning" functionality is a bit of a crapshoot, but you don't really have to use it, and schedule set-up is pretty slick, much more so than in the honeywell thermostate the Nest replaced. For one thing, the schedule can be arbitrarily complex, and its complexity can vary by day. I also optimized the schedule so that the rooms are pretty breezy deep at night in the winter (between 2am and 5am). That to saved quite a bit of money, and you also sleep better in a colder room.
The only thing fancy about the Nest was its case. The electronics were from like 2000s and never updated (https://learn.sparkfun.com/tutorials/nest-thermostat-teardown-), it never bothered to research any other types of semiconductors besides thermometers, and the software didn't have that many features. I think Google was considering being a hardware company like Apple or Oracle for awhile but drifted back into the mass advertising/spying business. Google's profit margin on the Nest was probably somewhere around $150 per unit. Highway robbery for that electronic turd.
WTF are you talking about? According to https://en.wikipedia.org/wiki/... :
"While a member of the U.S. Senate, Clinton sponsored 713 pieces of legislation, including 363 bills, 296 amendments, 33 Senate Resolutions, and 21 concurrent resolutions.[11] Fourteen of her Senate resolutions were passed, expressing the Senate's views on policy or commemorative questions.[11] One of her concurrent resolutionsâ"supporting National Purple Heart Recognition Dayâ"passed both houses. Of the 363 bills, three[12] became law: (list of the 3 bills you named)"
and
"Clinton also co-sponsored 2,675 pieces of legislation, including 1,528 bills, of which 70 became law."
Whether her bill-sponsorship or bill-becomes-law rates are high or low for an 8-year junior senator I don't know, but the numbers are pretty freaking far from "She sponsored a total of three bills in her eight years".
I am not a sig.
If you think that the kind of volatility that causes a 25% fluctuation in value (up or down) is a good thing for a currency, then I can only assume that you've never tried to buy or sell anything.
I am TheRaven on Soylent News
https://en.wikipedia.org/wiki/United_States_Senate_career_of_Hillary_Rodham_Clinton
While a member of the U.S. Senate, Clinton sponsored 713 pieces of legislation, including 363 bills, 296 amendments, 33 Senate Resolutions, and 21 concurrent resolutions.[11] Fourteen of her Senate resolutions were passed, expressing the Senate's views on policy or commemorative questions.[11] One of her concurrent resolutions—supporting National Purple Heart Recognition Day—passed both houses. Of the 363 bills, three[12] became law:
For the record, she can rot in jail. But at least be honest: https://www.congress.gov/membe...
I may have missed a word in my post, thanks for pointing that out. As you quoted:
Of the 363 bills, three became law: (list of the 3 bills you named)"
She sponsored 3 laws in 8 years, naming a post office, a road, and a historical site. Also as you pointed out, 99% of what she sponsored were dead ends.
If all of our politicians spent 99% of their time on dead ends, maybe they wouldn't be screwing things up so much.
Let's do be honest. Here are the three laws she sponsored, according to congress.gov:
https://www.congress.gov/membe..."bill-status"%3A"law"%2C"sponsorship"%3A"sponsored"%7D
As you pointed out, there were also bills that were sponsored by another senator which she later signed on as co-sponsor.
You make it seem like that is the only thing she did. She has co-sponsored another 74 that made it to law. I don't think many senators make complicated bills on their own, many collaborate and is the best way to get your bill passed.
> I don't think many senators make complicated bills on their own, many collaborate and is the best way to get your bill passed.
That's not quite what "sponsor" and "co-sponsor" mean in the Senate. Every Senator who signs the bills at initial introduction is listed as "sponsor". Someone who signs on a week or a month later, often after it's clear that the bill won't pass (or that it will), is listed as a co-sponsor. So sponsor is someone who that it should be introduced, a co-sponsor is someone who decided they agreed with it later. If science were the Senate, I would co-sponsor Einstein's work.
The problem with your post was it required multiple skills which is really too much to expect from the average internet user. First, you need reading comprehension. Then you need analytic or logical analysis abilities to understand you actually were drawing a parallel, not contrast between Hillary and Bill. "He did nothing." "She just did 3 bills in 8 years" You have to read between the lines to realize, "Ahhh... yes, that's not much either. AHA! A parallel Or, some might say, a tell of their common character traits!" The replying message then lacks grasp of English words because if you were criticizing Hillary for the same things you praised Bill, that would not be hypocrisy. It would be sexism.
The irony is you could easily build a case for Hillary's hypocrisy though. Evil CEO of company that lost billions, testifying before Congress, "I have given you all I know. I know nothing. And, I don't have emails to show otherwise." Hillary, "I vote for Sarbanes Oxley Act which makes that illegal to withhold emails and mandates data retention for email servers." Fast forward to 2015, Hillary, "I have told you all I know. I know of no classified on my home-brewed server used for State Dept business. I don't have emails to give you that show otherwise." She's ok with Federal Laws mandating senior executives can't withhold emails, and must retain them, or go to jail, but NOT ok keeping her own Senior Executive e-mails and did not retain them, per multiple federal laws (which is why the FBI is investigating).
> I don't think many senators make complicated bills on their own
The average senator (including first-year freshmen) sponsors three per year, Clinton took eight years to do what the average senator does in one.
What did you do to criticize Hillary?
"That's it" sure sound negative to me, it reads as if she should be sponsoring way more bills.
I can understand that reading. The context of the statement is that my entire post was about if I had confidence that any candidate wouldn't do much, I'd not only vote for them, but volunteer for their campaign.
Bush Jr and Obama did more "stuff" than Bush Sr and Bill Clinton did. Bush Sr had the highest approval rating, followed by Bill, followed by Bush Jr, with Obama last. The two more "active" presidents have much lower approval ratings than the two who left people alone, who didn't go mucking with things,.
The Ron Swanson character on "Parks and Recreation" said similar things. (I liked that character a lot.)