Agreed, however, I think everyone could see instantly that seesmic was a dud. As most can see that the Crunchpad is a dud. IMHO the idea of the Crunchpad is something that has already been tried many many times before, with the net result that there simply isn't a large market for such devices.
I think the point is that for every wildly successful company out there, there was surely an early group of naysayers who could see instantly that it was a dud.
Arrington might fail here, but you have to give the guy a lot of credit for how he has moved forward on this thing.
I don't think this is that clearly a dud. If it comes in at a decent price point and has a convenient charging stand I could easily see one in my living room.
I think it's more likely that the market wasn't ready for such a thing.
Like netbooks, which were not possible at a price point that made them attractive to consumers until a year and a half ago, when they suddenly emerged as a market category.
But hey, the great thing about being an entrepreneur is that you are responsible for estimating the market conditions and executing credibly.
