Following the news that Tony Fadell was leaving Nest, questions immediately surfaced about his successor Marwan Fawaz. In a letter (obtained by The Verge) sent to all Nest employees, Fawaz stated that the company is “not for sale” and will continue on its current product roadmap. He also reiterates that the company’s plan is to scale up and reach more customers.
Tony Fadell Stories June 8, 2016
Tony Fadell Stories June 3, 2016
After months of criticism over the state of Nest, Tony Fadell announced in a blog post today that he is leaving the company. The transition has apparently been in the works since last year and Marwan Fawaz, previously of Charter Communications, is the new CEO. Fadell wills stay on as an adviser to Alphabet and Larry Page.
Deal: Get Pixelbook at 25% off: $750!
Tony Fadell Stories April 4, 2016
Recent reports have painted a dire picture for Nest, with executives reportedly leaving, funding potentially on the verge of being cut, and much more. Now, a supposed Nest engineer has taken to Reddit to voice some frustrations. The engineer, who didn’t disclose his or her name, says that the company is “on deathwatch” thanks to “dire” sale and growth figures and no new innovation since the acquisition occurred.
Tony Fadell Stories March 30, 2016
According to a new report from Re/code, Alphabet-owned Nest is under-performing and its future at Google could be in jeopardy. The report, citing three people with knowledge of the matter, says that Nest generated $340 million in sales last year and while that’s solid for a company focused mainly on Internet-connected thermostats, it’s not as strong as what Google hoped initially.
Tony Fadell Stories March 29, 2016
In The Information‘s recent article about Nest and continued strife within the Alphabet subsidiary following a struggle-filled acquisition of Dropcam, Tony Fadell was dismissive of any blame for the departure of more than 50 Dropcam employees and their leader, Greg Duffy. “A lot of the employees were not as good as we hoped,” he said. He went on, saying Dropcam was “a very small team and unfortunately it wasn’t a very experienced team.”
Obviously this didn’t sit well with the former CEO of the San Francisco-based security cam company, who left Nest after a feud with the father-of-the-iPod over his brash ‘tyrant bureaucrat’ leadership style. And he took to his Medium blog this morning to chime in…
Tony Fadell Stories March 24, 2016
A new report (paywalled) from The Information today told us that Google is working on a competitor to the Amazon Echo, but it also detailed in-depth Nest’s struggle as an Alphabet subsidiary and the apparent horror that was its acquisition of smart home security camera company Dropcam. Before eventually ending his time at the Alphabet company, Dropcam co-founder Greg Duffy apparently told Nest CEO Tony Fadell that he runs the company like a “tyrant bureaucrat”…