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The announcement is quite short and does not really explain why they are shutting down other than it being "capital intensive" Anyone know more?
by warthog 2y ago
The announcement is quite short and does not really explain why they are shutting down other than it being "capital intensive"
Anyone know more?
- gigatree 2y agoConsidering they only have “hundreds” of paid users despite how much money they’ve likely burned through, I’m guessing they just couldn’t raise enough additional capital to keep the lights on.
- readdit 2y agoI think it's interesting that they note they have hundreds of customers but their home page says it's trusted by thousands of companies. Are all these companies on a free tier?
- hifix 2y agoI would imagine it's the usual SaaS marketing embellishment, e.g. one Google employee used the software on a trial at some point === "Trusted by Google"
- senorrib 2y agoIt’s pretty clear they ran out of runway.