A languishing startup with a great product - thoughts?
noonespecial: I'm just tired of seeing what seems to be first class ideas like this sidelined while streams of clone digital cameras, media players, GPS receivers, cellphones and so on pour into the market as if the world wont be satisfied until there's ten models for every human - and that needs to happen yesterday!)It always seems that what could be built and hasn't been is so much better than what can be built and is. This is how technology matures. The market explores the new space with tons of releases with tons of features. Eventually, the best features are evolved and incorporated into all models via consumer selection. Sometimes this takes "ten models for every human" before we come up with the one model for every human.The thing I've found about most of these sound-bite vaporware products that are going to "change the world when its released", is that most suffer from the 95% problem. The idea 95% works. But the 5% that doesn't makes it unusable.In this example, perhaps it works just like a keyboard! The only thing we haven't been able to solve yet is that it confuses j and n 25% of the time. So its useless.Many products get into the 95% phase, generate all of their buzz, tout their impending, world changing release, and then flame out struggling for that last 5%. To make matters worse, their investors then sell the leftover company for pennies to patent trolls who ensure that its not worth it for anyone else to solve that last 5% either.