Submitted by Big-Cockroach-5986 t3_yhd240 in pittsburgh
somecreativehandle t1_iudiw26 wrote
As a former employee up until yesterday, yes this is unfortunately true.
tesla3by3 t1_iuepxib wrote
Do you know what their eventual plans were? Would they have continued to build the robots, and grow, market, and distribute the produce? Or sell the equipment to a grocery chain or produce distributor?
__she__wolf t1_iufjgtz wrote
It’s my understanding that the robotics and the mechanics were very confidential which lends me the idea that the equipment will most likely be destroyed unless they sell the “patents”.
tesla3by3 t1_iugl1ut wrote
The VCs will want to sell the IP.
It just seems the best business model would be to license the technology to a Whole Foods or weggmans or giant eagle. Let them do the marketing and distribution.
mssoup88 t1_iujxd8a wrote
do you know their rough yearly revenue?
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