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Michael Skok

04/01/23

@ Harvard Innovation Labs

The failure of Pebble smartwatches highlights the importance of urgency in product necessity compared to competitors like the Apple Watch.

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HI

Value Props: Create a Product People Will Actually Buy

@ Harvard Innovation Labs

Value Props: Create a Product People Will Actually Buy

04/01/23

Related Takeaways

EM

Eric Migicovsky

10/15/14

@ Y Combinator

We highlighted three key features of Pebble: notifications and calls on your wrist, sports and fitness app integration, and customization options for watch faces, which had never been done before.

EM

Eric Migicovsky

10/15/14

@ Y Combinator

I had a moment of realization when I pulled the first red Pebble watch off the assembly line on December 28, 2012, feeling that all our efforts had finally paid off.

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Eric Migicovsky

10/15/14

@ Y Combinator

We aimed to raise $100,000 to sell 1,000 Pebble watches, but we reached that milestone in just 2 hours and hit our first million in 28 hours, ultimately raising $10 million from 70,000 people in 30 days.

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Eric Migicovsky

10/15/14

@ Y Combinator

It's mindboggling to see how far we've come from starting out to create a watch just for ourselves to now having a global community building innovative applications for Pebble.

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Eric Migicovsky

10/15/14

@ Y Combinator

We launched our first product, an alpha-grade smartwatch, and learned valuable lessons from customer feedback, including the need for a firmware upgrade to show the time.

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Eric Migicovsky

10/13/18

@ Y Combinator

The hardest part of my journey with Pebble was the five years it took to achieve product-market fit, which involved a lot of trial and error.

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Eric Migicovsky

10/15/14

@ Y Combinator

We designed Pebble by incorporating feedback from our first product, ensuring it worked with iPhones and included features that users wanted.

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Eric Migicovsky

10/15/14

@ Y Combinator

Pebble is lightweight, inexpensive, has a long battery life, and is open and hackable, which excites me about the community that supports it.

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Eric Migicovsky

10/15/14

@ Y Combinator

The trends in wearables are returning, with companies like Apple and Google entering the market, but we focus on creating a product that integrates seamlessly into users' lives.