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That is a bold move. It is not easy as a warehouse to switch for your WMS software. So to give all your customers ~6-8 months to switch to something else is not
by casperb 6y ago
That is a bold move. It is not easy as a warehouse to switch for your WMS software. So to give all your customers ~6-8 months to switch to something else is not a nice move.
They were pretty big on the Shopify App Store alone and had decent pricing, 500 dollar per month and up. Should be a perfectly nice business.
But seems that they did not do any new releases the last 8 months: https://stitch.releasenotes.io/ https://stitch.releasenotes.io/
- kutorio 6y agoM&A process is pretty draining, so that could explain the 8 months of inactivity.
- casperb 6y agoMaybe a little, but if you want to acquire the business for the product than it is weird to let your product completely stagnate. If your team cannot keep shipping while other things happening, is it really worth to acquire?
- JaggedJax 6y agoThere were some rumours floating around for about that long of them potentially shutting down. The rumors didn't mention the acquisition part, but they turned out to be accurate about an impending shutdown. It was also clear from the last 6+ months that the platform was stagnant.
- MuffinFlavored 6y agoany idea why they’d shut down? are they not raking in money hand over fist? are they profitable?
- JaggedJax 6y agoIt's a surprisingly crowded space they are in, and I didn't get the impression they were seeing any growth, at least not enough for a VC backed company.
- MuffinFlavored 6y agohow familiar are you with the space they are in? can you name some of their competitors? from what i can tell, they were basically competing at the $999/mo price range for inventory management software to tie into Amazon/eBay/Shopify
- JaggedJax 6y agoSkubana, TradeGecko, Zoho Inventory, Infoplus, Dear Systems, CoreCommerce, Cin7, DSCO, Nexternal, and Unleashed are a few that immediately come to mind, but there are tons more out there. There are lots which are also an ERP or WMS rolled into one, but since Stitch Labs was not that I tired to list ones that were mostly or exclusively similar to Stitch Labs.