The Ledger
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Luis von Ahn: Do not bet early on unproven new tech platforms
“What we've learned
Is not to bet on these very new products, because you really never know if they're going to work. So it's not that Apple Watch didn't work. Apple Watch ended up working, but what didn't work was apps on Apple Watch. There's just.
That's ju…”
James Park says the original Apple Watch did not impact Fitbit
“If you looked at the Apple Watch that was announced at that time, I think everyone will admit, maybe even Apple, that it was a product that didn't quite know what it was supposed to be used for. So, with the launch of the first Apple Watch, I don't really thin…”
Brain data detects Parkinson's 10 years earlier than Apple Watches
“For example, you can actually pick up Parkinson's responses using the Apple Watch.
The issue is that by the time you pick it up at the hands or through walking metrics, your brain's already been dealing with it for the past 10 years.
And so with the brain, you…”
Fitbit's tracker revenue plummeted by $800 million shortly after its peak
“In a period, in a very short period of time, our tracker business fell by eight hundred million dollars in, in revenue. And, you know, at the time, at our peak, we were doing about 2.1 billion. In revenue. So, we had an eight hundred million dollar hold.”