Many startups set out hoping to change the game, to put a “dent in the universe” but the reality is that few get close. The odds of “success” if you are funded by a top VC are something like 0.05%. Even “success” doesn’t mean you change the game. Salt Lake City-based startup PassiveLogic is being touted as a potential game changer in building automation and are backed by some tech heavyweights like NVIDIA. In this research note, we explore their new ecosystem, and consider its potential impact on the real estate sector, based on an email interview with their CEO and November product launch. Last month PassiveLogic announced the launch of an ecosystem of hardware and software tools, which it claims will “democratize the future of AI and enable generative autonomy for the public”. The launch video was straight out of the Apple marketing playbook, with a broad all-encompassing vision, pushing the right buttons regarding […]