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Really surprised to hear that they will be shutting down the SaaS business and all existing customers will need to offboard by the end of September. Quite a fe
by codezero 2y ago
Really surprised to hear that they will be shutting down the SaaS business and all existing customers will need to offboard by the end of September.
Quite a few of my customers build on top of Rockset and it won’t be a smooth transition.
- deleted 2y ago[deleted]
- ilrwbwrkhv 2y agoClassic VC funded saas. Why people would build actual businesses on top of these fly at night Saas companies funded by VC money is beyond me.
- codezero 2y agoIt's not really classic. There are many different kinds of exits, this one is pretty uncommon in my experience, especially for a company that's been around as long as it has and with the customers they have.
- hodgesrm 2y agoFor another very similar example see FoundationDB, which was acquired and shuttered by Apple: https://news.ycombinator.com/item?id=9259986 https://news.ycombinator.com/item?id=9259986 More happily FoundationDB was later released as open source and is successfully used by many companies beyond Apple. Snowflake is a prominent example. [0] [0] https://www.snowflake.com/blog/how-foundationdb-powers-snowflake-metadata-forward https://www.snowflake.com/blog/how-foundationdb-powers-snowf...
- codezero 2y agoyes, this does happen, but when someone says "classic" it kind of implies "common" - this isn't a common outcome. I am directly affected by this one, so, trust me, I know, it sucks.