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RE: Do you own what you bought?

in LeoFinance2 years ago

I like that you mentioned Tesla and his car.
Tesla Inc. was incorporated in July 2003, from what I could find it was 5 years later that the first Tesla car was sold in 2008. Steem Block Chain is not quite 5 years old yet. It takes time for an industry once challenged by outsiders to change. Will FB and YT do as some of the old school car companies and adjust or will they simply choose to be absorbed and fade away like so many car companies of the past?

Trust is a hard thing to gain today, will Sonos Speakers lose the trust of it's customers with this action and thus lose sales and then be absorbed by some newer conglomerate, or will they see what they have done before it is to late?

Ownership is a very fleeting thing as you showed. Nice thoughtful post.

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Will FB and YT do as some of the old school car companies and adjust or will they simply choose to be absorbed and fade away like so many car companies of the past?

The car manufacturers used to laugh at Tesla, they used to laugh at Toyota for the Prius too. Demand drives supply and we as consumers have the power.

Trust is a hard thing to gain today, will Sonos Speakers lose the trust

I actually think they went public, which has been the cause of the moves they have made as they now have shareholders to please. They used to be a little startup challenging the man--- now they wear ties and drive Lambos. They also have speakers sold by IKEA now, which means that there is an incentive for IKEA to pressure for more sales.

I guess they reached their dream, sold, and now have moved on. To often people are able to be bought and sold, I am happy that the originators of the Idea of Sonos reached their dream, but at what cost? A dream to build the best speaker system, (which it sounds like they did), then a dream of being part of the in-money crowd, I wonder how they will feel in a few years as they see their earlier dream become a nightmare for those that trusted their integrity.
!ENGAGE 25

The system is pretty decent from my experience, but that is limited. The speakers themselves have a lot of competition and in Finland, Genelec are hard to beat.

Trust in integrity of a company is misplaced. Google had the slogan of "do no evil" once upon a time. The corporate model is designed to maximize itself over all else.



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