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the executive departures two weeks ago characterized Evernote as “in a death spiral,” saying that user growth and active users have been flat for the l
by valarauca1 8y ago
the executive departures two weeks ago characterized
Evernote as “in a death spiral,” saying that user growth
and active users have been flat for the last six years
and that the company’s enterprise product offering
hasn’t caught on.
If a company isn't growing, its dying. Six years without customer growth? Its amazing they managed to rise a down-round, let alone any round at all.
- jopsen 8y agoProbably a note-taking app won't be viable as a VC funded enterprise
- ergothus 8y ago> If a company isn't growing, its dying I can't argue the logic, but this makes me sad. Can't someone make a product that people will pay for that is sustainable over time (even if # new users == # lost users )? Why does everything have to be huge to exist?
- artursapek 8y agoThere are plenty of businesses like that. They just don't make the headlines very often.
- gumby 8y agoNot everything does but they raised a lot of money on the presumption that they would become huge, and now that screws up the incentives for new hires etc.
- foobarbazetc 8y agoIf you have 100MM users 6 years ago and you have 100MM users now you still have an impressive 100MM users. (They don’t, but just illustrating that not every business needs hockey stick growth to be viable).
- valarauca1 8y agoYes but where will those 100MM users be in 10years, or 20years. The long term success of a business depends on keeping its investors happy.
- itsangaris 8y agoEvernote has about 220MM users. Source: https://www.cnet.com/news/evernote-raised-prices-got-more-of-us-to-sign-up/ https://www.cnet.com/news/evernote-raised-prices-got-more-of...
- komali2 8y agoHey off topic, but if you use that markdown style for long quotes, it's simply awful looking on mobile. Gotta scroll waaaaay to the right, then alllll the way back. I just do this: >Hello I am a quote that is extremely long lined with no newlines. I will break based on the width of your device just like any other normal text inside an HTML element. Look how long I am wheeeeeeeeeeeeeeeeeeeeeeeee. Works pretty well for me, thought I'd mention it.
- monos_paced 8y agoListen. This is an HN style sheet problem, not user choice problem. The fact is, using the preformatted macro is a better way to highlight verbatim passages of text. >Your version just mixes in with everything else you typed, and hardly looks like a differentiable block of text at all, regardless of whether it wraps or not. Hey look! A completely distinct block of text. And wow! It's monospaced too! This gives the impression that it's reprinted exactly as originally written! And all I had to do, to make phone people happy was manually wrap at maybe, like 30 chars. Amazing!
- Stratoscope 8y agoNope. That didn't work. I still had to scroll, even after all the work you put in to format it. If ">" doesn't differentiate the quote enough, use italics with it: > *Quote here* > Everyone recognizes this as a quote, and it renders perfectly on every device. I didn't have to do any manual wrapping. It's easy! > Use a blank line to separate paragraphs.