One month after launch of its "smartphone replacement," Humane already seems doomed.

Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is “seeking a price of between $750 million and $1 billion in a sale.”

  • stealth_cookies@lemmy.caEnglish
    32·
    6 months ago

    They designed a product that doesn’t solve a problem that anyone has. On top of that they designed something that doesn’t even work well.

    • sundray@lemmus.orgEnglish
      5·
      6 months ago

      If they had a couple of unbeatable patents that they just couldn’t figure out how to turn into products, that’s almost forgivable – you blew your launch, so you sell out to a company who has the resources to make your ideas into something the public will buy. But as far as I can tell, these guys don’t really have any IP worth buying them out for.

    • erwan@lemmy.mlEnglish
      3·
      6 months ago

      And it was overpriced. I can see people buying a useless toy for 50 bucks, but not for $700.