Nick Weaver: Home networking prices were declining prior to Eero's launch
Nick Weaver · 20VC: Eero's Nick Weaver on Why You Have To Grow One Stage Ahead of Where Your Business Is At and Why If You Want A Great Customer Experience, You Have To Own All The Parts · Sep 16, 2016 · at 6:05
Nick Weaver, founder and CEO of Eero, describes market dynamics in consumer home networking hardware prior to founding Eero.
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“When you look at the connectivity market, if you look at all the trends, you know, up until we started Euro, you'd actually seen a declining ASP. So people were spending less and less money on their networks, or there are two factors there. One was upgrade cycles were lengthening and then costs were continuing to drive down.”
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