> As far as I am aware Plastic Logic was never a product company, they were a technology company.
As I understand it, Plastic Logic started as a technology company, but as their investors poured more and more cash into the business were encouraged to become more of a product company. The desire to move up the value chain seems to be a reasonable ask, but it also appears that it meant that Plastic Logic never built a foundation to their business.
I'm awed by the technology, too. But I highly doubt any of the investors will make their money back.
As I understand it, Plastic Logic started as a technology company, but as their investors poured more and more cash into the business were encouraged to become more of a product company. The desire to move up the value chain seems to be a reasonable ask, but it also appears that it meant that Plastic Logic never built a foundation to their business.
I'm awed by the technology, too. But I highly doubt any of the investors will make their money back.