Assertion Not checkable as stated
Montgomery: Smart speakers are the fastest-growing market segment in history
“It turns out it's the fastest growing segment of the fastest growing market in history.”
Opinion
Montgomery: Voice technology in 2018 is like computing in the 1970s
“In the voice market, it's not the first inning of the game. It is literally the first at bat. This technology is so early. It You could think of voice technology like computer technology in the late 19 seventies.”
Disclosure
Montgomery: Mycroft actively discourages general consumers from using its product
“We actively discourage general consumers from adopting our technology today. That'll change next year.”
Assertion Not checkable as stated
Montgomery: Cisco employees spend full workdays developing the Mycroft open-source stack
“For example, we found full-time employees at Cisco systems that are spending their entire day working on the Mycroft stack so that they can bring that technology into the parent company.”
Insight
Montgomery: Major Open Source Communities Thrive on Corporate-Paid Full-Time Developers
“And that's really how the bigger open source communities thrive is with full-time developers who are paid by whatever XYZ corporation to develop the technology going forward.”
Disclosure
Montgomery: Mycroft Targets Any Business Competing with Apple, Amazon, or Google
“So we want our target is any business that views Apple, Amazon, and Google as a potential competitor. And given that Google's making self-driving cars and Amazon is launching spaceships, that's a really broad category of businesses.”
Assertion Partly supported
Montgomery: Android Captures 90% Mobile Market Share Due to Open Source
“In mobile. Android's 90% of the market with 2.2 billion installs because it's open source.”
Insight
Montgomery: Equity crowdfunding requires an existing community to succeed
“I think to be successful at raising money through a crowdfunding platform like this, you really do have to have a community around the company. I think going in there cold would be a mistake.”
Assertion Partly supported
Montgomery: Amazon spent $150M and four years developing Alexa
“If you look at what Amazon built, they spent nearly four years, made three acquisitions, and spent a hundred and fifty million dollars
Before their Super Bowl ad in 2016”
Assertion Not checkable as stated
Montgomery: 22,000 developers and makers are using Mycroft
“Right now we're really happy with the 22,000 developers and hackers and makers that are using our product.”
Disclosure
Montgomery: Mycroft total funding will reach $8.5M after Series A
“If you include the A, it's going to be about eight and a half million with five of that coming here in the next few months.”
Disclosure
Montgomery: Mycroft prices enterprise licensing at $1,500 monthly for 5,000 users
“Our cost structure is scheduled, structured around 1500 dollars a month for a license. That'll serve about 5000 users.”
Disclosure
Montgomery: Makers drive most of Mycroft's revenue, not enterprise licensing
“We've been working with a couple of companies on that, but we don't have any significant sales to report there yet. Most of our revenue so far has come from the maker hacker community that we've been targeting.”
Insight
Montgomery: Perks-based crowdfunding fits hardware and games better than equity
“If you're building a hardware product or a video game, I think that perks based crowdfunding is probably a better fit because it does have a much, much broader audience.”
Assertion Not checkable as stated
Montgomery: Mycroft was created because Echo and Google Assistant did not exist
“And at the time, Echo didn't exist. Google Assistant didn't exist. Siri was locked up on the iPhone. And so we set out to build an open technology that allowed us to replicate that experience.”
Assertion Supported
Montgomery: Mycroft raised $127K on Kickstarter and ~$490K on Indiegogo
“That was our first campaign was 127,000, a smaller number of backers, 1120. We ran a second campaign earlier this year, and that's actually at, I think about 490,000.”
