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1 company, $1 billion+ of VC investment, 0 products, 0 revenue

72 点作者 marklittlewood超过 14 年前

7 条评论

pclark超过 14 年前
As far as I am aware Plastic Logic was never a product company, they were a technology company.<p>They had to produce the Que because no partners believed the technology worked at scale - they wanted to see an actual product created. This in itself was a huge culture shock for a technology company to have to suddenly sweat product details.<p>And so far the technology hasn't worked in a scalable manner, but this is a matter of time and capital.<p>eReaders were an interesting choice, when Plastic Logic decided on this the iPad was non-existent and the only eReaders were crappy Sony ones, by the time they managed to launch it the market was far more mature and expectations of what a product had to do to be good had sky rocketed.<p>You're probably wondering what other products their plastic technology can be used in, it is very diverse in reality - eventually plastic logic will have electronic paper for the same price as regular paper. Imagine if medicine labels updated on the fly with reminders, recommendations and guidelines. Posters on the wall changed over the air rather than needing to be reprinted, etc etc. Futuristic stuff <i>in theory</i>.<p>It is very easy to criticise a a company for raising so much capital and never launching anything - but what they are doing is ridiculously futuristic - literal hard technology that'll impact every persons life in the long run.<p>I wonder if the early investors like Hermann Hauser and Amadeus have made any money from this yet.
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myth_drannon超过 14 年前
Rusnano - is state owned Russian corporation headed by a close friend of Putin and an oligarch Anatoly Chubais. This is basically a shell company created to steal taxpayers money. Everyone knows it and there is lots of jokes about these "nano technologies". So be sure that out of 1 billion ,big chunk of it was in kickbacks to company's execs and middle managers.
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rexreed超过 14 年前
Sorry if I ask a stupid question -- what the heck are plastic electronics? The article doesn't do much to explain what that means... Some specifics and examples would help a lot. Also, you mention iPad as a competitor, but it's not clear how and why.
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sasvari超过 14 年前
just for clarification: their production plant is in <i>Dresden</i> [1], not in <i>Munich</i>.<p>[1] <a href="http://en.wikipedia.org/wiki/Silicon_Saxony" rel="nofollow">http://en.wikipedia.org/wiki/Silicon_Saxony</a>
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americandesi333超过 14 年前
If I am not mistaken, Plastic Logic is licensing their technology for the Barnes and Nobles Nook, right? If thats the case, then having an end product such as 'Que' doesn't seem as profitable as making money on just licensing the IP.
marklittlewood超过 14 年前
69 points! Perfect score.
tjmaxal超过 14 年前
it's companies like this that make it that much harder for the rest of us to raise capital. Not that I know a lot of VCs, but the ones I do know all require a working business model before investing. How were they planning on making money on this?
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