$3.2 BILLION?! Was Nest Labs making a profit? Seemed to me like they made cool d... | Hacker News

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		fudgy73 on Jan 14, 2014 \| parent \| context \| favorite \| on: Google to Acquire Nest $3.2 BILLION?! Was Nest Labs making a profit? Seemed to me like they made cool devices that no one bought.

dangrossman on Jan 14, 2014 [–]

They were shipping 50k thermostats a month over a year ago. Combine a heat-up in home automation interest this year with some very fancy endcaps they've placed in Home Depot (the thermostat and smoke detector, with interactive demo videos), they're probably selling much better today.

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