That’s the premium solution that some, but not most, can afford and only makes sense if the cost of repair is less than the cost a new unit. Travel just makes that tip in favour of getting a new system with a $10 deposit.
Most of the people we’re talking about here are subsistence farmers who pick up casual labour at a local farm. Income is sporadic and seasonal.
That was the initial brilliance of the PAYGO system, it allows users to pay off their device sporadically I.e. they buy units when they get paid and that goes towards paying off an asset that in theory will then provide energy at 0 marginal cost. Turns out that last bit isn’t true.
Here the VC story is important, these companies were meant to be high growth and giving significant returns. We all know how that ends.
> You would be surprised at the amount of product repairs that are deemed not worth solving in a developed country that you can sort out in a couple of hours in a developing country.
I have been in the past, but not anymore. No one is saying people aren’t resourceful but there is a significant barrier to entry when it comes to electronics repairs for the general population. One part of what we provide is an off-grid repair lab bundled with our new education offering so it’s very much knowledge + tools.
Most of the people we’re talking about here are subsistence farmers who pick up casual labour at a local farm. Income is sporadic and seasonal.
That was the initial brilliance of the PAYGO system, it allows users to pay off their device sporadically I.e. they buy units when they get paid and that goes towards paying off an asset that in theory will then provide energy at 0 marginal cost. Turns out that last bit isn’t true.
Here the VC story is important, these companies were meant to be high growth and giving significant returns. We all know how that ends.
> You would be surprised at the amount of product repairs that are deemed not worth solving in a developed country that you can sort out in a couple of hours in a developing country.
I have been in the past, but not anymore. No one is saying people aren’t resourceful but there is a significant barrier to entry when it comes to electronics repairs for the general population. One part of what we provide is an off-grid repair lab bundled with our new education offering so it’s very much knowledge + tools.