Fitbit outlook
Is #fitbit good company to join? Is there enough motivation within employees and is there exciting projects in progress to change company’s outlook within next year?
Fitbit is going through a transition right now, which is a bit tough. But, were working on some very exciting projects.
I used to love fitbit but Apple is about to eat their lunch this holiday season. I also worked for both companies in special projects.
The Apple watch that works with android? Hmm..
I'm really excited about some of the stuff we have planned. Execution is the hard part, but there is some damn cool stuff being thought about.
The stock price sucks, but the products, mission, and most of the people are great. Apple is a good competitor but it's not a zero-sum game. Lots of potential at Fitbit for making products that genuinely help people live better.
I buy that... Unfortunately, your shareholders are less likely to be that idealistic :(
Who cares though? Cofounders are still majority shareholders. Let rich investors complain. It has no material impact on the company.
Fitbit sucks. Almost worked there but then thought better of it (which was the right call 100%). Just ask yourself, 20 years from now when you look in the back of your drawer and find one of those dumb little plastic trackers, what will your reaction be??? 1. Wow! What an amazing piece of technology history (like if you had found an iPhone) Or 2. Jesus how could anyone, in their right mind, have bought these plastic pieces of $h*t?!?
You have a very binary view of the world--something must either be an amazing piece of technology history or it is a plastic piece of $h*t? I have to say I quite like working for a company that has a measurable impact on people's health and wellbeing. If people are alive 20 years from now that wouldn't be without Fitbit, I'll count that as a great legacy. We get stories quite often of people who have made great changes in their life with the help of their Fitbit. We have stories of people who have had their lives saved because they were wearing a Fitbit. Regardless of where Fitbit is 20 years from now, I will look back at my time here as some of the most meaningful work I've done in my career. I've worked in many different industries over the past 20 years, done stints with massive companies that make a lot of money and have been around for a LONG time, and I've never felt more invigorated by a mission and an opportunity.
Don't get so high and mighty about tech. What has an iPhone really enabled people to do? Play angry birds? Look at funny cat videos from anywhere? Text their friends while sitting at a table eating food with other friends? Saved some pocket space by allowing you to ditch your camera? Don't get me wrong, the smartphone was a great invention, but consumer electronics at the end of the day is all about just making something that THE USER loves. As a product engineer I don't give a flying cow turd about what history says about my device I only care if the user loves the device I helped to make. In 20 years I hope to look at the Fitbit that is still on my wrist and remember the stories of customers who enjoyed the product we made. Also Fitbits are now made of metal.
On top of the reasons mentioned already, they're in the city. I live in and work in SF, which is great.
Fitbit is a fitness luxury, is a fad, will Passover . Is there a change in market positioning?
Sales are still strong and growing internationally. People have said the health and fitness industry is a fad for 3 decades.
During recent earnings calls Fitbit announced a pivot towards "digital healthcare". There is a lot to be done in this space and while you might be able to consider fitness a fad (though, as long as people have a desire to stay fit while also working sedentary office jobs I doubt it will be) it's impossible to say healthcare is a fad.
Hard to see growth come by. Same story as GoPro.
Comparing to GoPro is showing ignorance of both companies.
Yeah I would have to go more with a Jawbone comparison. Same reasons as above. Those stupid little plastic earphones are so dumb. Or maybe Palm? God these trinket companies just keep reproducing ;)
I think there’s a lot of changes going on right now at the company. Many of my friends and colleagues have actually left the company recently (keep in mind this is sample size of n = 1). Just my own perspective.
Fitbit is do or die this Christmas season.
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That's just outright false. 700mm in the bank and no debt. They'll be fine.