Would you pay $700 for smart cycling glasses if you owned a $20K bike?
“If you're a serious cyclist with a $20,000 bike, and I know those people, $700 for a pair of glasses isn't crazy given your commitment to the sport.”
I don't think so. But that was their takeaway. Point. Yeah. Yeah.
If this was at the $300 price point, would you have invested, Charles?
Probably not. I would have been more interested, though. Yeah. Like, there aren't that many things that people buy at that price point. Mhmm. If you're a serious cyclist with a $20,000 bike, and I know those people, $700 for a pair of glasses isn't crazy given your commitment to the sport.
My assumption is they would just come down market. Like, that would be their primary, like, a secondary, because you're you're not gonna win the market at 700. But it comes back to what are you packing in there? Because, like,
I don't know. You know, the difference between an elite runner and myself is huge, and what we would want is actually kinda different things. Like, I I don't need to be stand alone because I'm gonna still listen to my podcast. Right? I need to listen to the pitch while I'm running. You do. That's right. Need to catch up on yourself. Yeah. Pitch. A pitch for the pitch.
About this clip
VCs debate whether premium pricing makes sense for smart cycling glasses, discussing how serious athletes with expensive equipment justify high-priced accessories. The conversation explores market positioning strategies and whether the product should eventually move downmarket to capture broader adoption.
Why this clip
Reveals investor thinking about pricing strategy for niche hardware products and how customer commitment levels justify different price points.
What they said next
Startup plans 9-12 month timeline to challenge Garmin with better retailer margins
14:37 - 35s · tactical advice
More from this episode
Similar clips from other shows
From the blog
Want clips like this for your podcast?
We find your top 5-8 clips, write the hooks, and deliver ready-to-post content. First 2 episodes are free.
Get 2 Episodes Clipped Free