Dropcam founder calls his decision to sell to Google for $555 million 'a mistake'
Dropcam
Duffy's regret comes in response to a blistering quote from Nest CEO Tony Fadell, who told The Information as part of a lengthy Nest expose that "A lot of the [Dropcam] employees were not as good as we hoped...unfortunately it wasn't a very experienced team."
The Information story centers around Nest's recent product and management struggles, including several delayed launches.
Duffy calls Fadell's jab "blatant scapegoating" and "insulting to the team."
"Just before we were acquired, Dropcam was in the middle of a record year of sales, had a 4.5-star bestselling camera on Amazon, was rolling into large brick-and-mortar retailers with huge merchandising support, had innovative new products imminently launching, still had most of its financing in the bank, and our investors and team actively didn't want to sell (it was my mistake to sell?-?but that's a story for another day)."
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