Wow, he's done it again. In a new Milestone blog post, he makes the same bizarre point:
A couple of years ago, we decided to create a sandbox for our innovation team. We set them up as a company within a company and told them “you’re in charge of your own destiny.” We called them the Innovation Business Unit. We gave them their own budget, their own employees and their own location in Silicon Valley. And trusted them to come up with new, ground-breaking ideas.
It worked. They delivered two ideas in three years: Milestone’s Husky Network Video Recorder that transformed our business by enabling us to enter the hardware appliance segment. [emphasis added]
We monitor Milestone fairly closely yet I have no idea what Milestone's CEO does, outside of crazy claims like this and lying about the planned IPO...
They delivered two ideas in three years... what is the second idea? I see the mention of the husky NVR, I build servers a few servers a month, procure servers, trouble shoot servers that turned into a ghosts etc...but I am curious what the second idea is/was.
AI?, Analytics? an office in Silicon Valley?
Signed: No time to read the whole milestone declaration link.
Let’s not forget the second incubee:
They delivered two ideas in three years: Milestone’s Husky Network Video Recorder...and Arcus, a new concept to provide a cloud-based enterprise video surveillance service. Arcus is a great idea, but it was outside Milestone’s core business model, so we turned the team into a startup...
...and then changed the name to Arcules and spun them off to compete directly against their core competency:
Milestone Disrupts Milestone With Arcules