Keep in mind that this is Facebook, so it's likely they just had better things for those developers to do that would generate the company more revenue. It's not

Keep in mind that this is Facebook, so it's likely they just had better things for those developers to do that would generate the company more revenue. It's not in Facebook's interest to keep a business running that's barely breaking even, especially when they can take the team and put it to use elsewhere within the company. (Not that I know what Parse's financials look like, but I'm guessing they aren't making boatloads of money.)