maemo.org - Talk - View Single Post - Jolla Tablet Refunds (latest developments)

NokiaFanatic	2015-11-26 , 14:14
Posts: 337 \| Thanked: 891 times \| Joined on Jul 2012 @ Royaume Uni.	#2226

Originally Posted by billranton

It's been caused by the investor, yes, and as I said I don't think any startup can reasonably anticipate that so I would blame the investor more than Jolla. Sailfish and Jolla are about two years in. $50m isn't a lot in this game. Every current mobile OS took way more than that, and Sailfish is very mature for its age. As others have said, there are products and partners in the pipeline.

The sales of the first phone were a failure, yes. But if you give up after your first failure then you don't deserve to succeed.

Any investor needs to see something to reassure them to continue investing. Does a company have to make money straight away? Clearly not, Cyanogen are not making money yet they are a darling investment to the big shots. Despite a lot of technical problems, they are clearly onto something (50M users and growing). Like with Google, Facebook, Twitter, etc. the investment model is to build it, develop a strong user base, then at that stage - monetize the asset. Jolla have built it, but the user base just is not there (if anything it's probably shrinking as people get fed up of their ageing Jolla phones), and since there is no revenue - the underlying SailfishOS asset has very little value.

Question for you all - would you spend $10M a year for an OS with a user base of 20,000-30,000 users?