Humane Explores Potential Sale

https://www.bloomberg.com/news/articles/2024-05-22/wearable-ai-startup-humane-is-said-to-explore-potential-sale

by marc__1 • 2 years ago

21 7 2 years ago

bloomberg.com

samuelstros• 2 years ago

"seeking a price of between $750M and $1B"

weiliddat• 2 years ago

https://archive.is/h6f3W

throwaway5959• 2 years ago

Sale of what?

gfourfour• 2 years ago

Easily the worst demo video I’ve ever seen.

They spoke about the battery life before they even said what the product was supposed to do. The founders sounded like they were being held at gunpoint.

Plus, a $700 price is obscene and a $24/mo subscription is usurious.

That being said, it’s actually a beautiful product. I think maybe given another year it could’ve turned into something workable. I’m assuming they had investors in their ear saying “the first one is never good, but it will fund your next one.”

cdme• 2 years ago

That’s a lot of money for garbage.

draculero• 2 years ago

My final offer is 3 Coke bottle caps and 1 paper clip.

vineyardmike• 2 years ago

Humane is seeking a price of between $750 million and $1 billion in a sale, one person said. The process is still early and may not result in a deal.

Overpriced, just like the pin.

Kudos to every individual who worked hard on their little corner of the product, but it is a bad product (with no future). The entire product can just be an Apple Watch with better Siri enabled. Surely the future we'll actually end up with. Not sure if they generated any valuable IP, but it seems dubious. With any luck, the sale will give rank-and-file employees the opportunity to cash out their stock options and move on.

Humane Explores Potential Sale

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