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Comment We just didn’t know it at the time, but Pebble’s fate was sealed in May 2013 when it surrendered control to outsiders who saddled it with debt.
Yesterday Pebble’s new owner Fitbit lost no time in closing down the operation, not merely snuffing out any prospect of new products, but warning Pebble owners that they’re not going to get any more love or updates.
Fairly soon, even the Pebble you have will stop working. What a way to treat your customers.
Notch another one up for the geniuses of Sand Hill Road. Without “help” from Silicon Valley VCs, Pebble could still be in the game: independent, and with a future. The founder certainly appeared to think so.
Rest of the article is here : http://www.theregister.co.uk/2016/12/08/the_vulture_capitalists_killed_pebble/