“Oh the Humanity – Why You Can’t Build Apple with Venture Capital” – Benjamin Sandofsky

“The Apple Way works best when they take an existing product and make it amazing. The best pitch for Apple Watch wasn’t “The Rolex of Tech,” but rather, “A very fancy FitBit.”

It also helps when a product leverages Apple’s existing ecosystem, and the goodwill Apple had earned from customers. The Apple Watch connected to the Health app, received messages from your phone, played your favorite music, etc. Apple has a beautiful moat, I’m sure filled with stunning koi fish.

Humane spent five years developing their product in a vacuum. They lacked a FitBit to prove their concept. They had little evidence people want to ditch their phones. They didn’t know what form factors users would tolerate. They didn’t have normal people telling them battery swaps are dumb”

https://www.sandofsky.com/humane/