The VP of marketing, Patrick Cosson, has a track record of hot consumer gadgets, first with the Squeezebox music player and then with the Vudu TV console that plays movies on demand.
In the recent Christmas season, DVD players made the list of hot consumer electronics at NPD, a U.S. research firm, by increasing 23% in sales from a year earlier, to $518 million.
After a hot start, consumer IPOs have not done so well in public markets as we pass the midpoint of 2017.
As Lowry explains to TechCrunch, Wonder was meant to showcase what the company is capable of producing on mobile – they didn't intend for it to really take off as a hot, new consumer app of its own.
The truly hot consumer electronics items will be DVD players and digital cameras, the survey indicates.
Sharp, which makes camera phones, flat-panel TV sets and other hot consumer electronics, increased its earnings and sales.
The venture firms knew exactly what they were doing prowling for the leader of the next hot consumer category.
Forgive the snarky headline, but history has shown that navigating a once-hot consumer Web company through the trough of the hype cycle is one of the hardest jobs in Silicon Valley.
But it was hardly a hotbed of consumer activity.
