Apple Watch Is Going To Be A Flop, Top Startup Investor Says
Union Square Ventures partner Fred Wilson is known for having backed huge companies like Twitter, Zynga, and Indeed at very early stages.
On Thursday, he posted a series of predictions for 2015.
One of them is that Apple’s first new product line in years, the Apple Watch, is going to be a flop.
Wilson writes: “Another market where the reality will not live up to the hype is wearables. The Apple Watch will not be the home-run product that iPod, iPhone, and iPad have been.
“Not everyone will want to wear a computer on their wrist. Eventually, this market will be realized as the personal mesh/personal cloud, but the focus on wearables will be a bit of a head fake and take up a lot of time, energy, and money in 2015 with not a lot of results.”