EDIT: My mother just pointed out to me that Samsara can also mean "talk", which is exactly what it means in my native language, malayalam. I've just never seen it spelt out that way. If that's the meaning they're going for, it's actually quite apt!
Similarly, Saraha says: “Here in this body are the sacred rivers: here are the sun and moon as well as all the pilgrimage places… I have not encountered another temple as blissful as my own body.”
In short, the gravy is all gravy.
In other words it is something you have to deal with, you can't just ignore it. It is not something to be ignored. A company that helps us deal with Samsara is great.
And here if it is IoT and makes it easier to deal with "things" it allows us to escape the trouble of managing them.
> Popularly, it is the cycle of death and rebirth.
Maybe it is because there is a "popular" definition that the casual observer wouldn't interpret as something to be escaped? Western audiences often borrow words and concepts from other cultures, that often have deep meaning behind them, and reduce them to some shallow commercial one-liner that their audiences can latch onto.
I guess I have a different question about a company picking such a name - is it appropriate ethically? It feels like they've co-opted a term that has a particular cultural and religious meaning, will probably mispronounce it in all their marketing, will popularize a shallow understanding of this term rather than the deeper source material (as has happened with terms like karma, yoga, and other such popularized terms of Hindu origin), and also place a trademark on something that has always existed as a free to use concept. I recognize that one of the founders is Indian, but it still doesn't sit well with me.
I am not a Buddhist, but is "the world" something to be "escaped"? I can't find a matching definition for it to imply escape.
A proper translation of “Samsara, Inc.” might be “Weariness, Inc.” or “Ennui, Inc.” ... It's not just the world, but the world with specific reference to this way that everyone is just going through the motions.
The specific aim or mission depends on the school, but the focus in Buddhism is always on escaping duhka ('modern/societal ills') in an attempt to break or transcend the cycle.
https://www.accesstoinsight.org/tipitaka/kn/dhp/dhp.11.budd....
I happen to have this as a tattoo actually. A relic from my Buddhist days.
I wouldn’t have remember the name of the company. But thanks to you and your fellows here I will. I can even tell a story around it.
I'm a Hindu and speak Hindi.
The Hindi vernacular Sansaar indeed means the physical world just like Samsara in Kannada (and other Southern languages?) means Family. Both the world and family are due to attachment.
Imagine paying money so people think you’re legit/respectable. Companies have tons of money so they spend on this.
Given the lack of evidence for founder-controlled companies underperforming the market, I wouldn’t hold my breath. Particularly if the business is not reliant on outside capital (e.g. Uber under Kalanick, who was ousted despite having super-voting privileges).
I know he was scandalous, fostered a toxic and sexist culture, and was abusive to employees, but how did he get removed if he had all the power?
I don’t think there’s anything wrong with taking your company public and retaining troll through special shares. Anyone who is able to do that massive built a pretty great company, otherwise the market would not support it.
In a normal market, I suspect many of these would not be supported, or would at least have to take a big discount to PE. But we are in the era when money pours into doge coin. You can’t conclude anything in such an environment.
Pros
- Revenue growth and gross margins are really impressive
- Big sales and marketing spend that seems to be effective at growing top line
- Costs under control - loss from operations decreasing with an obvious path to profitability while still scaling up very fast
Cons
- "We face intense and increasing competition", combined with
- $55B total addressable market
Assume Samsara manages to reach 20% market share of this market, that means they will be able to grow a maximum of 20x after IPO. Compare this with TSLA who had $15M and grew to $31B (2000x). Probably not the best comparison, and TAM is growing too, but it makes me wonder how much further this company can grow? And at this growth rate? It is quite a niche industry (IoT).
Also, I don't think any company's growth can be really fairly compared to Tesla's.
There product was neat but certainly not revolutionary, they completely missed the mark on understanding the factory automation and controls space.
They only wanted controls engineers to write in a text based scripting language, and required all data to go to the cloud.
I was perfectly clear with them about why I had concerns for the product and obviously didn’t get the job, though now it appears to be hurried in there products page.
I guess they realized what I told them a few years later.
