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There are companies who went big, that in hindsight should have stayed as small cash generating machines. I have a vague idea Evernote is one of those - is tha
by andrewstuart 3y ago
There are companies who went big, that in hindsight should have stayed as small cash generating machines. I have a vague idea Evernote is one of those - is that right? Hindsight of course being 20/20.
- howmayiannoyyou 3y agoGood insight. Its been interesting watching Evernote make missteps over the years but survive nonetheless. It feels to me like they've missed every SAAS trend except the initial one they got right, and ceded marketshare to competition like Dropbox, Notion, Google Keep, Apple Notes, Obsidian, etc, etc.
- ender341341 3y ago> Hindsight of course being 20/20. I mean, I don't feel like it's much hindsight, there's a ton of companies that fall into this "if you aren't a billion dollar company you're a failure" mindset, and as an outsider it constantly feels like it's obviously not in the cards.
- pyrophane 3y agoI do often wonder what Evernote would be today if they hadn't taken all that VC money.
- ecshafer 3y agoEvernote is a note taking application, that was pretty popular. As a company supporting a basic app as a <10 person shop pulling in a couple $M a year, itd be very successful. I never understood how it was a VC funded app in the first place, it never needed to hyperscale.