4 ms·

Bending Spoons entered definitive agreement to acquire Airtable for $1.28B

• BoorishBears 2mo ago
  For those curious, peak valuation was Dec 2021: $11.7B
  • blerb795 2mo ago
    yikes. did not realize their trajectory has been so downwards since 2021 https://en.wikipedia.org/wiki/Airtable#History https://en.wikipedia.org/wiki/Airtable#History
  • gbourne1 2mo ago
    And they had raise $1.4B across 7 funding rounds.
• wusel 2mo ago
  When they had this AI induced relaunch „What do you want to build“ they lost the plot. I guess their product-market fit was always a bit shallow / broad. Airtable is powerful, and you can do so much with it, but it’s never better than the use case specific alternatives. Opaque pricing and feature gating create a lot of friction as well. Also, these „it can do anything, but you have to set it up yourself“ kinds of apps, always have it hard with true bottom up adoption.
• mdrzn 2mo ago
  Another soon-to-be-abandonware dead company, after being acquired by BS.
  • altacc 2mo ago
    Yep, all Airtable staff should immediately start sending out their CVs. BS has a process: buy, butcher, enshittify, kill, repeat.
    • weinzierl 2mo ago
      It is more like buy, relentlessly milk to exhaustion, butcher when the victim goes dry, repeat.
• ChrisArchitect 2mo ago
  Some more discussion: https://news.ycombinator.com/item?id=49166182 https://news.ycombinator.com/item?id=49166182