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Old 02-20-2010, 10:40 PM   #13
mgmueller
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Join Date: Nov 2008
Location: Augsburg (near Munich), Germany
Device: 26 Readers, 44 Tablets
Quote:
Originally Posted by SCION View Post
Year 2 will probably be just as challenging with the proliferation of "perceived" comparable devices at a lower price.
I guess they have a valid business model and a realistic perspective of the market.
But as a startup without (obvious) additional business, their finance model usually will be for 8 years. This means about break-even in year 3.

I've slightly lost track of the market. But so far, only Skiff comes to mind as a comparable device. Maybe to some extent iRex 1000S, although probably already a bit "outdated".
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