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Ask HN: Learning From Failure and Iterating on Defunct Companies
Clear (http://flyclear.com) recently (and suddenly) announced the end of service, as they weren't able to reach an agreement with their creditors. Which I would expect means that they weren't paying debt on schedule, and that the creditors felt the outlook wasn't positive.
Reactions to the closing appear to indicate a positive view of the service, and a predictably negative view of the sudden closure.
This leads me to the following questions:
- What would you want to know about how Clear's business worked, or about the environment they were within, if you were going to try to move into this space and do it better?
- Are there symptoms of Clear's demise that signal another attempt to be unwise?
- More generally, how do you feel about the idea of iterating on a model that has previously failed for someone else?