To me, it only communicates that the issues were embarrassing, inconvenient, or otherwise do not shine a good light.
Am I reading too much into this, or does this kind of pithy announcement usually hide skeletons? Genuinely curious here.
> Am I reading too much into this, or does this kind of pithy announcement usually hide skeletons? Genuinely curious here.
This line of thinking bothers me. It reads as if you feel like you're owed something from the company. Why does it matter?
If it's fundraising issues, lack of product market fit, founder disputes, team member stole the entire bank account, the end result is the same. They can't run the business. As long as there's a clear message and a path to EOL for active customers, what possible reason could help?
To me, it actually highlights the praise of the team and the products they built together instead of focusing on the details of why they're no longer operable. And reading the other threads here, they did a great job but there simply wasn't large enough captive market.
You paid them money and trusted them with your data. Any usage on your part is an investment in the company. Of course you would feel entitled to know why they are ceasing effective immediately
It matters a lot if the team goes on to found some other product that will go away in 3 years.
A business can fail just because it’s the wrong time or they were unlucky or many other reasons. If the issues were embarrassing? They don’t owe you those details.
It would be nice to know why some businesses succeed while others fail. If I knew that I guess I would be rich.
- this is a very difficult time emotionally for the author, so they aren’t thinking entirely rationally
- the author is exhausted
- the author is ashamed/embarrassed about having lost money for all their friends and family
- they don’t want to expose themselves to liability
- the message was vetted by a risk averse lawyer, aka a lawyer
- the message has to satisfy a bunch of different audiences, so it is generic
- it is almost an afterthought amongst all the other stuff that has to get done shutting down the business
And most importantly, they may not explain why the business failed because they don’t really know. If they knew why they didn’t find product market fit, the business wouldn’t have failed.
Ouch, that's not a landing it's a crash.
I'm imagining something like an GPT-4 agent that has connections to your Databricks, Snowflake, Salesforce, etc.
You ask it a question and then it iteratively queries your data and produces some an answer/some code/ a graph. Or it generates a plan that you can edit a bit and then it executes.
That sounds like it would be pretty useful copilot for me? I'm not very familiar with the intricacies of analytics work though.
[1] https://twitter.com/KyleRayKelley/status/1727430546354233763
Most of the world would that interpret as 1st May 2024, some parts of the world might call it 1st January 2024. It's not entirely clear what's meant here.
So it’s likely that the only sudden thing about this, is that they now failed to secure anymore money after a long struggle. Some companies may give customers a little longer to get off the sinking ship, but if you’re just looking at the cost, it probably wouldn’t make much sense to do so instead of running on fumes (and hope) for as long as possible.
Sucks for the employees though.
This is why I love SaaS based of Open Source projects a lot - even if things do not work out and company has to shut down, customers may have more options.
https://www.reddit.com/r/ChatGPTPro/comments/18jbj32/does_an...
TLDR: market conditions not conducive to their business at this time. (Ed: founding team probably wants to quickly pivot to something else, not take the time to for a sale)
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How a service with such a wonderful home page suddenly die?