You’ve just spent $400 on a baby monitor. Now you need a subscription | Once upon a time there was a company called Miku who wasn’t making quite enough money…::Once upon a time there was a company called Miku who wasn’t making quite enough money…
You’ve just spent $400 on a baby monitor. Now you need a subscription | Once upon a time there was a company called Miku who wasn’t making quite enough money…::Once upon a time there was a company called Miku who wasn’t making quite enough money…
I forget the name of it, but a number of years ago, there was a startup that wanted to make communication devices for hikers. They could transmit short messages to each other. Anyway VCs came in and asked, where’s the MRR? We’re not investing unless there’s monthly revenue.
It’s all just greed. You can’t just have a device and be good. Investors are constantly chasing the quarterly growth.
It’s disgusting.
A lot of people don’t understand that GPS requires no cell service to function, so it’s no surprise that many accept that they have to pay monthly for a "service* that has no ongoing support costs to the seller.
Correct me if I’m wrong, but GPS doesn’t allow for communication. Not sure I understand what you’re saying.
I wasn’t meaning to refer to hiking situation directly, just giving an example of how people don’t always understand enough about a service to know if they should need to pay for it.
Sorry for the confusion.
That makes sense!