Greg Duffy, responding to Tony Fadell’s claim that “a lot of the [Dropcam] employees were not as good as we hoped”:
I can’t publish Dropcam’s revenue, but if you knew what percentage
of all of Alphabet’s “other bets” revenue was brought in by the
relatively tiny 100-person Dropcam team that Fadell derides, Nest
itself would not look good in comparison. So, if Fadell wants to
stick by his statement, I challenge him to release full financials
(easy prediction: he won’t).
The ~50 Dropcam employees who resigned did so because they felt
their ability to build great products being totally crushed. All
of us have worked at big companies before, where it is harder to
move fast. But this is something different, as evidenced by the
continued lack of output from the currently 1200-person team and
its virtually unlimited budget. According to LinkedIn, total
attrition to date at Nest amounts to nearly 500 people, which
suggests that we were not alone in our frustrations.