Oura’s new CEO discusses the future of the smart ring – TechCrunch
Summary
It’s a surprising figure at first blush, running counter to the notion of the Oura Ring as solely a standalone activity tracker. A former Wall Street hedge manager, Singh Rai became a true believer in the product, citing his own weight loss journey. I remember talking to another CEO that I admire – and he once described the point of any company is really to endure, and by that, for an idea to live in the world forever, beyond anyone of us.” COO Michael Chapp stepped into the interim role before Hale was announced earlier this week. The new CEO brings experience from a wide range of roles at companies, including Adobe, HomeAway, Momentive AI and Second Life producer, Linden Labs. The company has promised deeper insights by way of its app, while moving some existing offerings behind a paywall — effectively asking users to pay a monthly fee for some of the data that had previously been included as part of the hardware’s upfront $300 cost.