With no where to post in the News from Wyze I’m posting here.
With the news that Wyze is pitching to investors the app and the lightning fast development and customer focused approach is on its way out.
Having been in companies that have gone public or taken on investors and watched many others go through it as well, it NEVER ends well for the grassroots consumers.
Low priced, quickly adaptable WILL give way to shareholder value and the demand for return on their investment.
It was great while it lasted, but you can’t have a product this good. This affordable, without being attractive to the big boys. I suspect a major player like Google or Honeywell or someone like them will back an armored car with of cash to the loading dock here soon, the founder’s will become gazillionairs overnight. A bunch of the early developers will get rich and wyze will fade into the pantheon of capitalism.