Saul, if you would not mind sharing, what were your thoughts that resulted in you selling out of PI?
Hi Speedy,
Here was my thinking about it. I have learned over the years that companies that make little hardware parts for internet or electronics always get commoditized into low margin businesses. I know that you can make a case that Impinj also has a software component and is somehow different. How convinced are you? Can’t other companies make software for a RAIN chip too? How complicated can that be? (I don’t know). I decided to go with something I felt more sure about.
Saul