The founder of Pebble, a smartwatch company, discusses the difficulties of building a great smartwatch experience on iPhone compared to Android. Apple's restrictions on third-party smartwatches limit their functionality, making it impossible for them to send text messages or perform actions on notifications. The company plans to develop an iOS app, but it will have less functionality than the Android version due to Apple's restrictions. The founder believes Apple's actions are anti-competitive and stifle innovation.