Where are wearables heading?

(Photo credit @nadineshaabana)

A few weeks ago, I woke up and couldn’t figure out whether I slept well or not. Seems an odd statement to most people — but it shouldn’t surprise other technophiles. My Garmin Connect app wouldn’t work and it drove me nuts. Not surprisingly, I immediately turned to Twitter to see that Garmin was being subject to a ransomware attack. For nearly a week, I could see on my watch how many steps I was taking and how my heart rate was fluctuating throughout the day, but I was without the ability to see what ratio of time had I spent in REM vs deep sleep. I took for granted how I had come to rely on my smartwatch and so this week’s topic is on consumer wearables. 


#TECHTOPIC

We’ve all seen how sleek and beautiful the Apple Watch is - and with a rumored new ability to integrate your Apple Watch and your Peloton bike, many users are in heaven. I opted for a Garmin watch, partly for its better focus on the athletic aspects of wearable technology and partly because I know I’ll stare at an Apple Watch as much (or more) than I already do with my iPhone. Google’s smartwatch platform Wear OS isn’t updated or discussed nearly as often as Apple’s but has comparable usage (when you combine Android-compatible + Wear OS stats). And Fitbit has been a constant presence, first with simple fitness trackers but now also offering smartwatches as well (tho who knows when their supposed merger with Google will happen).

Not surprised that Amazon has also decided to jump in with its new Halo app/watch this week. They are offering a subscription-based app with a very simple fitness tracker. Super weird/interesting feature is two tiny microphones to measure how you speak, which Amazon claims will provide insight into your emotional and physical well-being. 

Did you know that 1 in 5 Americans owns a fitness tracker or smartwatch? Imagine all that data being collected about your most personal self -- and who do you trust to keep that data safe? This is why the Garmin ransomware attack was so frustrating - what bad actor had access to my personal data and what control do I have? And why didn’t Garmin do a better job protecting my data? They had no option but to pay the ransom but it was a huge wake-up call for many other companies. 

And we barely scratched the surface of what wearable technology can do. There’s sensor-enabled fabric to help with guiding your body into yoga poses or measuring your lung functions. Companies are testing ‘digital therapeutics’ where patients wear special devices to measure physical reactions to certain prescribed drugs. And I may even try out the Dreem headset, an “advanced sleep headband” and sleep coaching program!


#RANDOM

I remember visiting the Arecibo Observatory in Puerto Rico on one of my many visits to see family on the island. An accident recently caused a 100-foot gash in the telescope. Terrible news for the island, for science and for our ability to imagine what lies beyond the stars: A Rip in the Fabric of Interstellar Dreams


Want a Career in Tech but aren’t sure where to start? Take a look at MY COURSE, ‘TECH SEARCH COMPASS’ FOR STEP-BY-STEP SUPPORT

Have you caught IPO/SPAC fever?

(Photo credit @markuswinkler)

I was moderating a panel yesterday with multiple people who work in tech -- and one panelist offered a piece of advice to those attendees new to tech. “Keep up with tech news -- especially mergers & acquisitions -- because for some reason, tech people love to discuss M&A, IPOs, and startups.” I laughed as a) it’s true, b) I’m one of those people, and c) I had already selected this week’s newsletter tech topic as IPO fever has migrated from Silicon Valley to Wall Street. The excitement for these public listings is contagious.

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This week began with a huge wave of B2B SaaS companies deciding to file paperwork to go public. The 6 companies that filed in the US included Snowflake, Palantir, Asana, JFrog, Sumo Logic, and Unity Software. (Don’t forget - Airbnb also filed last week.) Matt Turck at FirstMark Capital did a couple of S1 teardowns here - and the big news is that Palantir hasn’t made a profit in 17 years. Not to be outdone, Jack Ma’s Ant Group filed its IPO paperwork on Tuesday to go public with concurrent listings on the Hong Kong and Shanghai markets. 

A few of the companies opted for a direct listing (which means they bypass investment banks), and so you also saw both the NASDAQ and the NYSE gain approval from the SEC this week to provide new direct listing options to companies. 

And what is a SPAC? And why does the acronym feel so ‘eww’ when you say it? SPAC = special acquisition company, and is essentially a shell company that IPOs to raise money to buy another company that isn’t strong enough to IPO - so the SPAC can take it public anyway 2 years later or so. Confused? Not surprising. Just one more weird financial instrument out there.  

The big question: why are so many tech startups are looking to IPO during a pandemic? Simple, the stock market continues its improbable rise and they want to take advantage! 

Did all these IPOs get you excited about starting your own company? Check out this Startup Best Practices Library.


Want a Career in Tech but aren’t sure where to start? Take a look at MY COURSE, ‘TECH SEARCH COMPASS’ FOR STEP-BY-STEP SUPPORT

The Art of Managing Up

(Photo credit @mimithian)

  1. For early-career professionals, you may be unaware that the relationship you and your manager have can have a huge impact on your career trajectory. There is an art to ‘Managing Up’ and it’s a skill that every employee should know how to develop.

    1. Managing Up - 10 Ways to Get Your Boss to Trust You Completely - use these tips to build trust with your manager & improve your relationship

    2. How to work for a boss who has a new idea every 5 minutes - this is an example of one type of manager, and strategies for working with someone like me

    3. What to Do If Your Boss Doesn't Like You - and if you are noticing that the above still isn't working, here are a few more strategies to try


Want a Career in Tech but aren’t sure where to start? Take a look at MY COURSE, ‘TECH SEARCH COMPASS’ FOR STEP-BY-STEP SUPPORT