The Fool Takes Notice

I've been waiting for a long time for the Motley Fool to notice Microvision. 

The Motley Fool is a place where some serious traders and investors go to learn about what is up and coming. Their investing record is very good.

So, a mention by them in any way is good. When they do a feature on Microvision, hang on tight.

Motley Fool

STMicroelectronics

STMicroelectronics manufactures a wide variety of chips for connected cars, wearables, and Internet of Things gadgets. It also makes motion sensors (accelerometers and gyroscopes) for smartphones and tablets. 

STMicro lost ground in motion sensors to its smaller rival InvenSense over the past few years, but it recently launched an ultra-low power 6-axis gyroscope and accelerometer combo device designed specifically for VR and AR devices. The device has already been certified for use with both the Project Tango and Daydream platforms.

As the AR and VR markets grow, rising demand for more motion sensors should enable STMicro to leverage its scale and offer its sensors at lower prices than InvenSense. STMicro is also heavily invested in the computer vision market -- it manufactures ADAS (advanced driver assistance systems) leader Mobileye's EyeQ computer vision chips, and produces LIDAR technologies for autonomous driving, AR, and VR uses with Microvision.

The Path of Big Breakthroughs

Got a note that was from my friend Joe, that was one link. It's below. It's really good -- and something I keep in mind. 

CollaborativeFund

Big breakthroughs typically follow a seven-step path:

• First, no one’s heard of you. 
• Then they’ve heard of you but think you’re nuts. 
• Then they understand your product, but think it has no opportunity.
• Then they view your product as a toy. 
• Then they see it as an amazing toy. 
• Then they start using it. 
• Then they couldn’t imagine life without it. 

This process can take decades. It rarely takes less than several years.

Three points arise from this.

It takes a brilliance to change the world. It takes something else entirely to wait patiently for people to notice. “Zen-like patience” isn’t a typical trait associated with entrepreneurs. But it’s often required, especially for the most transformative products.
When innovation is measured generationally, results shouldn’t be measured quarterly. History is the true story of how long, messy, and chaotic change can be. The stock market is the hilarious story of millions of people expecting current companies to perform quickly, orderly, and cleanly. The gap between reality and expectations explains untold frustration.

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