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MordyK
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MordyK,
User Rank: Light Sabre
2/24/2015 | 12:21:01 PM
Re: Reality check
Speaking of Qualcomm. I'm kinda surprised they didn't take Artemis out during the R&D phase, as any acquisition will be way higher after the tech is proven and increasing even further with carrier uptake.

If it were a public company I would love to invest, but would be looking at these announcements from 2 angles:

1. The whole thing is a showmans hoax and this is the last play to raise funds. or:

2. He is "really" confident and the technology is real which means the upside is astronomical.

His history of building companies and financial success leads me to belive that he can back up these claims. Which means the latter is the most likely scenario.
sarahthomas1011
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sarahthomas1011,
User Rank: Light Beer
2/24/2015 | 11:58:45 AM
Re: Reality check
That's a bold statement. I think it's interesting he decided to launch his own network rather than work with an operator out the gate, but it could be the case that no one is willing quite yet. If this goes well, however, you can bet a lot more will. I expect big vendors will be interested too -- in partnering, developing their own tech or maybe even acquiring.
MordyK
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MordyK,
User Rank: Light Sabre
2/24/2015 | 11:51:04 AM
Reality check
I gotta say he's gotta be very confident, because this is a do or die moment. If he succeeds and the tech works, Artemis is the next Qualcomm.


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