A good in depth mkt analysis. While it’s not crypto, many of the key points are rinse and repeat of mining - things like insatiable demand and projected ROI. Markets and tech solve high costs all the time. Great point made about the $4/hr number that was most likely a top bullet in a 1000 pitch decks citing NVIDIA. Bagholders could just be all the nations buying all the billionaire’s stories.
Yeah, I did this same kind of math all the time back during the early ASIC mining days except it was accelerated; you had to break even in 9 months or never due to the exponentially growing difficulty.
This a riskless transaction for Google. It’s a projection from the current $350 levels and the industry has been chatting a while as to how to ultimately get to the magic $100 level.
At least Ms. Timofte fully admits that this contract is a gamble: “self fulfilling prophecy”. If not, Holocene will be bk with catastrophic losses and Google can punt not being compliant.
Fascinating in that our GE microwave (still actively sold) has an undisclosed feature that if you lift the door, when fully closed, by no more than a few mm, the microwave will start. I noticed this when cleaning the enclosure with a rag and my hand ever so slightly lifted up the door from the bottom. I can see how a consumer could wedge a kitchen utensil or plate accidentally under the microwave causing it to start and continue to run. Zero logic protection.
Doesn't seem limited to GE Microwaves! My wife uses a cheap Kmart house-brand microwave for waxwork that does the exact same thing.
I have another in the kitchen (Panasonic NNCD997) that has an interlock system which blows the primary fuse if a) The door is open and b) The magnetron is currently active.
Unfortunately, with this model, the incandescent bulb dying kills the inverter PCB.
Edit: The service/repair manual[1] for the Panasonic is an interesting read, if anyone is interested
A few weeks ago I noticed my cheap Toshiba microwave does the same when the door button is partially pressed. Scary! I stood there holding it just right for a very long time to make sure it wouldn't heat a cup of water.
Nice setup. I hope you and the team succeed! When new ecomm systems fire up every couple years, I always hope B2B functions (volume pricing, accounts, wholesale) get to the front of the list but alas most focus on B2C - I get it, founder backgrounds with consumer products usually drives the initiative. But often the wake is a 1k dead small stores and a short product life because no PMF. But you can get tech debt lock-in with B2B - to possibly help extend your runway ;)
But of course, stick to your roadmap. It’s nice seeing you saying ‘no’ to things.
Your targets are unclear so if this is a consumer product, I would suggest doing this as a free app with Google ads to help monetize - similar to ezgifmaker.com, et al. Capture the email, then gather feedback and promote your new updates directly from there. Repeat use cases are important - will someone use this once or consistently - this is a major factor in your marketing/sales direction.
If there’s an enterprise sales opportunity, you can create a premium account scheme.
I’d refrain from hiring a marketer (like me) as you really need to validate the product first. Users admitting to having your same pain point is still way premature to whether they’ll give you hard cash right now for the solution.
Engineers nodding to this fall right into our marketing funnel. First thing we do is show you that we know how highly intelligent you are. Then we find the actual decision maker.
Wouldn't people evaluating your product usually be the people to decide whether to use it? How often do people just hand out their manager's numbers to random sales people?
A good sales person will find your manager. “Hi, I see containedgravel and two others from your team are already testing [product] for [use case] in order to [benefit]. If you have 30 mins this week I can show you how to add governance, how to model and reduce your costs, and introduce you to our solutions engineers to help with a smooth rollout.”
And the first thing the manager will do is turn to their engineers and ask, “So, what do you think of [product]?” And that will determine whether the manager takes the call or not. Which is why winning over the engineer is critical.
Sounds like it’s a freemium so increase ads or add an interstitial ad. Perhaps you could force social logins only. Or the Cloudflare wall may help. You haven’t really defined your problem here but I assume you perceive value is being stolen by their methods.
Open nodes at stores could help BLS & commercial orgs doing regular price data gathering. I work on supplier pricing dynamics and for commoditized products freeing your pricing data is powerful.
