Notion Ink

Finally the Good News!

Posted in Uncategorized by Rohan Shravan on June 9, 2010

OK! To all those fueling that we are hitting in November, hold on! That’s not true.

Think it like this, iPad is still not launched in India, so would we say it has not launched yet! I know we live in a world which is not any more called Post-Cold war era, but a Globalized world, but still you can’t find one company which can launch its product in all the countries at the same time! Or at least we can’t. And if something breaks down, who are you going to call? (And there are more reasons why it is not possible).

So simply put, just hold on! We are on track.

We have done some good work to get the devices out at yet more aggressive price which we were aiming for. There is a final word on 2 variants of the device, one cheaper normal LCD version and other with dual display PQ version. Another update is that we have evaluated another platform, which is proving to be extremely efficient on battery and much cheaper as well. So now you might be able to choose among the HW platforms as well (but here is a might in this line).

The UI team has dome some extremely beautiful job and we were waiting for them to finish up so SDK can be released. So, developers gear up!

We have also done wonderful innovations on e-mail front. Something which might become the biggest differentiation for Adam.

Suddenly (and expectedly) everyone is on to tablet space now(Computex), even Blackberry is there (I heard so). But what remains to be seen is the content and developer community which comes with them and the differentiation!

And the good news finally!

We have closed the final round of funding and are now in perfect sync with our investors. This is extremely good news for everyone. I say that, because if we have Global ambitions, there must be someone who can help us achieve that. And now we have got the muscle power.

Think about it, if we are doing well, we are talking about at least a business of 100k devices a month. That will amount to at least $350 million dollar of revenues in the first year itself! Where is that investment going to come from? I know most of you know about how these transactions happen on the global scale, that there are bank guarantees, payment cycles etc. but that’s not applicable in the case of a start-up, or is it?

I cannot reveal the amount of investment, but its a big day for Notion Ink! And this would not have been possible had you all not supported us. Even the angry comments played a big role (so keep sending them :) ) in telling them, lets speed up things else they will kill me!

Thanks everyone for supporting us! It’s really a beautiful (and little emotional) day for us! (There is a small poll for you guys.)

With Warm Regards

281 Responses

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  1. skjebne said, on June 9, 2010 at 19:45

    So this is it ? We’ll finally hold an Adam in our hands in near-future ? Open a precommand store !

    • pranj1 said, on June 10, 2010 at 12:33

      Rohan,

      Looks like you gave a nice hint about price. 100K unit per month = 350 million $/year :-)

      My calculations tells me the MRP will be around $300. If I go by the word “atleast” I think this is the cheaper LCD version you are talking about.

      Any ways…big fan of Adam, been waiting for it’s release in India.

      All the best.

  2. plebigre said, on June 9, 2010 at 19:48

    Alright, that actually seems like good news, and you’re telling us the Adam will be out before November, but can you be a little bit more precise ?

  3. vkelman said, on June 9, 2010 at 19:49

    Congratulations! Looking forward for Pixel Qi variation.
    Do you know you’ve got a competitor – Innoversal Pixel Qi-based tablet http://goo.gl/7NyS

  4. tiwariatul02 said, on June 9, 2010 at 19:49

    All the best Guys!

    I’m already a big Fan of Adam!!

  5. fausti64 said, on June 9, 2010 at 19:54

    On track!!! Does that mean we can order in July? In which country?


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