I received this email today from Wyze. I’m sure many of you have or will be receiving the same. In my opinion, this is a good news. Let me know if you disagree with me (gloves on please)
Wow, what a year it has been.
Over the last 5 years building Wyze, we have felt the highest of highs and some of the lowest of lows. This year, in particular, it seems we have had moments on both sides.
We’ve felt some effects of a slowing economy. We could have been better at balancing resources across the business. Our inventory levels have been way too high after the supply chain bullwhips of last year and we have had to run deep discounts to reduce overstock. Hopefully, you snagged some extra Wyze gear through the correction
Despite the challenges, we have so much to celebrate at Wyze.
The Wyze family has now grown to over 10 million users! Over 1 Million users are Cam Plus users!
There are 20 million Wyze devices out in the wild!
Wyze AI detected 67 billion events!
These numbers are unfathomable to us.
We launched several products that have received great customer reviews, including Cam Protect, Wyze Air Purifier, Wyze Lock Bolt, Wyze Garage Door Controller, Wyze Gun Safe, Wyze Cam v3 Pro, and Wyze Mesh Router. We also revamped our website, warehouse, and shipping capabilities, making huge improvements to shipping speed and removing preorders for a better customer experience.
We are still a founder-run company. The same 3 of us who started this company when we had 10 users are the same people running it with 10 million. We’ve had a lot of learning to do as we’ve had to manage a much bigger business, but the startup mentality and focus on users will never leave us. We are here for you just as we were on day one.
That day-one startup mentality will be ultra-focused in 2023, because this year, much like our first year in business, will be the year of the CAMERA. With your help, we will revisit everything about the Wyze Cam experience. We will focus hard on hearing all your feedback and making the best camera hardware and software in existence. Product launches in 2023 will also be focused on cameras, with few exceptions. Get ready for some big camera announcements in just a few weeks! And we will of course continue to support and update all Wyze products.
Can’t wait for another year together with you. THANK YOU for being Wyze users. THANK YOU for your loyalty.
Merry Christmas, Happy Holidays, and Happy New Year!