Vivint Gets $100M from Peter Thiel And Mitt Romney
Author: Brian Karas, Published on Apr 27, 2016
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Comments (12)
Undisclosed Integrator #1
Vivint's success and innovation in the residential marketplace are undeniable. While I cannot stand them, the market is experiencing a significant shift towards the kind of systems they install. No one asks me to compare our system to ADT anymore; he or she ask me to convince them not to buy Front Point and Vivint. Vivint has figured out how to get the average everyday consumer to purchase an alarm system. The rest of us should take note. Their method of doing business will roll into commercial security eventually, whether by them or someone else.
Consumers who purchase DIY are not the same as the customers who buy a "professional installation" these two markets are non-conflicting...for now.
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Undisclosed Manufacturer #2
They created the "summer door knocker program" using recently returned Mormom missionaries and sending them to areas out of state.
These young guys have just spent 2 years knocking on doors and practicing convincing people of a commitment more lasting than an alarm contract.
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Undisclosed Manufacturer #2
Also in the news.....
http://www.bloomberg.com/news/articles/2016-03-15/vivint-solar-seeking-financing-after-canceling-sunedison-deal
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Undisclosed #3
Maybe Romney has some synergy planned between Uniview and Vivint?
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Keefe Lovgren
apx/vivint entered the market at the right time, right at the beginning of the union of home monitoring systems and automation integration into these systems... had zwave locks, thermostats, lighting control and interactive services not been an option they (vivint) would not be as successful as they have been...
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