4 ms·
The details on the shutdown are pretty spare. While the cloud market is perhaps still a bit immature, there are obviously many companies, both venture-backed an
by mirashii 12y ago
The details on the shutdown are pretty spare. While the cloud market is perhaps still a bit immature, there are obviously many companies, both venture-backed and not, who are making plenty of money today. With a client list like they advertise, it makes me wonder how they couldn't trim down a bit to become revenue neutral at the very least, or trim their run rate down and raise another round to stick it out another few years. Something smells fishy.
- freehunter 12y agoYep. https://www.nebula.com/customers/ https://www.nebula.com/customers/ Look at that huge list of big name clients. Either those clients were using Nebula for a very, very small operation or Nebula wasn't pricing their products accordingly. I mean, Lockheed alone should have been enough to have basically unlimited money. There's something else here that we haven't been told.
- jldugger 12y agoI vaguely recall hearing that Nebula's OSCON party seemed to operate on an unlimited money budget, but I missed that year, and the subsequent year they were notoriously absent.
- RyJones 12y agoIt used to amuse me that training companies used one person taking one class once as enough excuse to advertise "Microsoft approved training!" Someone spending training budget on something does require approval, but there was (at the time) almost no oversight. I wonder if this is what's going on here.
- stonith 12y agoThey're probably mostly PoCs.
- wilsynet 12y agoIt's pretty common for companies to buy a small license just to experiment in the lab. At the end of the year you have some extra discretionary dollars, why not make a small purchase with startup that came by a few months ago?
- mirekrusin 12y agoIt's not good for NSA if companies/people have private clouds.