Disrupt SF 2015
Pebble has a brand new watch, the Pebble Time Spherical. Introduced this morning, Pebble co-founder and CEO Eric Migicovsky was interviewed on stage by our personal Greg Kumparak at Disrupt SF to share the story behind this new watch, and what’s presently occurring on the firm.
“We’re not going to remove the opposite merchandise — that is a part of our product supply,” he stated. “There isn’t going to be one smartwatch, one wearable, one type issue for everybody. I feel selection and choices are nice. Some merchandise are extra trendy. With this product, we attempt to take a look at individuals who don’t have a smartwatch on their wrist at present.”
And it’s true that the brand new watch seems tiny and flat on Migicovsky’s wrist. Behind the scene, the brand new Time Spherical makes use of an E Ink colour show. So how might the corporate make the watch a lot smaller?
“The one factor that I do acknowledge is that Pebble is well-known for its superb battery life. With this one, we truly needed to compromise a bit,” Migicovsky stated. The brand new mannequin guarantees as much as two days of battery life, down from 5 to seven days with the opposite fashions. It’s nonetheless higher than the Apple Watch, the Samsung Gear S or Motorola’s Android watches, however you’ll have to carry your cable everytime you go on a weekend journey. In case your Pebble Time Spherical dies, you possibly can plug it for quarter-hour and also you’re good to go for the remainder of the day.
Migicovsky additionally talked concerning the present smartwatch panorama. When the corporate launched its first Kickstarter marketing campaign, no one was making smartwatch. Now, issues are totally different.
“There are some giant rivals. If something, we’re extraordinarily optimistic concerning the future. From our perspective, sooner or later we’re going to put on units. Smartwatches appear to be the very first thing,” he stated. “Should you take a look at Android Put on, there are eight or 9 corporations constructing Android Put on watches. That creates a troublesome chain of instructions.”
Like Apple, Pebble on this distinctive place in that it controls each hardware and software program, letting the corporate management the consumer expertise. In contrast to Apple, Pebble watches are reasonably priced. The Pebble Time prices $200, the Time Spherical prices $250. Pebble bought round 100 thousand watches on Kickstarter earlier this yr.
After which, there are the acquisition rumors. Pebble is a startup competing with shopper electronics giants, making it a pleasant acquisition goal. When requested whether or not Migicovsky can be able to promote his firm, his solutions have been obscure.
“These are issues that would occur in any startup,” he stated. “It’s essential to construct one thing that folks need. When you construct one thing that folks really need, I consider there’s long run worth. I feel that we actually consider that. It’s clear at the very least from the success that we’ve seen within the final yr.” He additionally stated that he couldn’t touch upon acquisition gives.