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Nick Weaver

๐Ÿ‘ค Speaker
130 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

There are some corollaries from other products and services.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

One could be security cameras and cloud video recording.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

You know, it ranges.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

It could be 10%.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

It could be 60%.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

It all depends on price point and

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

Yeah, and the specific product.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

Well, I've been the guy who's had to fix the internet for my friends and family my entire life.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

And everybody growing up, anyone who had my phone number would call me and ask me to go make sure the internet just worked.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

And then when I was at Menlo, like you mentioned in the intro, we backed companies like Roku and Dropcam.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

And the single biggest detriment to their product experience was the internet just not working in people's homes.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

So, you know, look at how should products be delivered in the future, right?

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

This whole concept of you should buy a physical product and the software on it should evolve over time.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

You know, that's a fairly new concept.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

And so apply to the home network.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

I mean, just saw a huge opportunity to to build a, you know, a really fundamental technology, be a product and a brand that people love and see start start occupying some really important real estate in the home.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

So building the product and the underlying technology, very, very expensive initially.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

So we spent a couple years building out the technology stack to make all this stuff work.

SaaS Interviews with CEOs, Startups, Founders
1145 How Eero is Locking Down Distribution Channel for "Home Automation Wars" With $100m

Unlike some products, like say you're building a speaker, right?