The article is even more wack than the price for the domain. They want to launch a $99 necklace that listens to everything you say while it “forms its own thoughts” about it. Then instead of talking to you, it just texts you when IT “wants” (read: on a timer or based on a system prompt)
The monetization is a one-time $99, no subscription. That’s … suspicious from a privacy perspective.
Dot-com vibes.
Please note the title is misleading. The domain was sold for 1.8 million, but with a payment plan. So that 1.8 million gets spread out of a longer time. Sure some of the initial funding paid for it, but it’s misleading to say it spent most of their funds.
That honestly seems pretty low for friend.com
Although the fact they’re developing hardware on less than a million dollar budget is bananas, let alone the other whack ideas
I remember when the place I worked at changed names and some Russian guy was sitting on the domain name, wouldn’t let it go for less than a million.
The CEO signed off on it after a day of consideration. Really changed my perspective on how much money these companies were sitting on.
