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David Brown

πŸ‘€ Speaker
3215 total appearances
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Appearances Over Time

Podcast Appearances

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

And the broader public's appetite for spectacles never really develops.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

Despite Snap adding the product to e-commerce sites like Amazon, as well as expanding to European markets, total sales of spectacles since launch come in at around 150,000 units.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

And while Evan Spiegel points out that 150,000 units is better than Apple's first year selling the iPod, others counter that these numbers aren't as good as those of Google's Glass.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

By November, Spectacles are declared a flop, having lost the company around $40 million.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

To be clear, Snap doesn't stop making them.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

In fact, Snap releases a new version in 2018 with a whole host of quality improvements.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

But spectacles are soon more or less forgotten by the mainstream public.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

The verdict is in.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

These glasses were a fad, not a forever product.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

They were too quirky, too fun to be taken seriously.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

While Google Glass may have tried to do too much, perhaps Spectacles tried to do too little.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

I'm not going to lie, I'm getting a lot of Segway vibes here.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

You remember Segway?

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

The self-balancing scooter we were promised that would transform transportation here on Earth?

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

One of the hardest questions in innovation or in business more broadly is whether customers truly want a product or merely want to try it out.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

Early sales can be driven by curiosity, gifting, hype, or fear of missing out.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

None of those are the same as lasting demand, continued use, word of mouth, people replacing the product when it wears out.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

If enthusiasm fades after the first unboxings,

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

The market's probably smaller than the creator's conviction.

Business Wars
Meta and the Battle for Smart Glasses | Prize on the Eyes | 1

It's September 2021, and Facebook has a big announcement.