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The same company that bought Evernote and laid off the entire U.S. staff.
by k310 3y ago
The same company that bought Evernote and laid off the entire U.S. staff.
- happytiger 3y agoThere seems to be a trend. I wonder which private equity firm is working through bending spoons? These are hallmark moves. Oh! Right at the top of the Googles! There it is. https://www.reuters.com/markets/deals/nb-renaissance-invests-app-developer-bending-spoons-eyes-ipo-2023-08-03/ https://www.reuters.com/markets/deals/nb-renaissance-invests...
- IndySun 3y agoTrend? I think you mean 'the norm'. Such occurrences have rarely been different.
- dehrmann 3y agoBut honestly, Evernote was at a point where VCs were tired of it, it was probably over-staffed, it's a mature product, and it's TAM wasn't that big. Companies like that are run differently and have different investors than IPO-track companies.