Weave.in shutting down

#1

Post by dougdonohoe » Wed, Jul 13, 2016, 11:53 AM UTC

Re: Weave.in shutting down

#2

Post by dougdonohoe » Wed, Jul 13, 2016, 11:58 AM UTC

Context:

Originally "Tinder for Linkedin" (http://venturebeat.com/2014/07/25/weave-is-a-tinder-for-link...), Weave pivoted to its current incarnation of "Professional Introductions" (unsure when).

Received this email at 1:15 AM EDT:

"Hello,

We started Weave to make expanding your professional network easy, productive, and enjoyable. In the last 3 years we've created hundreds of thousands of new professional connections. Connections that became co-founders, investors, mentors, co-workers, and friends. Your stories were what made working on Weave so fun and fulfilling.

While Weave became the primary source of new professional connections for many people, we were unable to make it financially viable. As of next Monday, we will be shutting Weave down.

Thank you so much for being part of our community. You made time to meet and help complete strangers. You were what made Weave great.

The Weave Team"

Re: Weave.in shutting down

#3

Post by josh_carterPDX » Wed, Jul 13, 2016, 12:43 PM UTC

Sad to hear this is shutting down. I had a few Weave meetings in SF and enjoyed everyone. I was really pulling for expansion into markets like Portland where this would have been very well received.

Re: Weave.in shutting down

#4

Post by corobo » Wed, Jul 13, 2016, 12:49 PM UTC

I really wish these projects would post a Show HN or something a month or so before announcing their shutdown.

So many times I hear of something new and interesting I'd like to give a go through a shutdown message on HN.

Re: Weave.in shutting down

#5

Post by Noseshine » Wed, Jul 13, 2016, 12:55 PM UTC

Since the title links only to the homepage where I didn't find an announcement (at this time), here's an article that shows the email they send out:

http://venturebeat.com/2016/07/12/weave-shutting-down-profes...

Re: Weave.in shutting down

#6

Post by dougdonohoe » Wed, Jul 13, 2016, 12:59 PM UTC

Noseshine wrote: post #5

Since the title links only to the homepage where I didn't find an announcement (at this time), here's an article that shows the email they send out: http://venturebeat.com/2016/07/12/weave-shutting-down-profes...

Thanks - when I posted, all I had was the email (noted in another comment).

Re: Weave.in shutting down

#7

Post by ohitsdom » Wed, Jul 13, 2016, 1:05 PM UTC

corobo wrote: post #4

I really wish these projects would post a Show HN or something a month or so before announcing their shutdown. So many times I hear of something new and interesting I'd like to give a go through a shutdown message on HN.

Would you be willing to invest time/money into a platform you knew would likely shut down in a month or so? I like the idea of a "last chance", but I definitely would be much less likely to use a platform on its last breath. The functionality would have to be really compelling.

Re: Weave.in shutting down

#8

Post by corobo » Wed, Jul 13, 2016, 1:13 PM UTC

ohitsdom wrote: post #7

corobo wrote: post #4

I really wish these projects would post a Show HN or something a month or so before announcing their shutdown. So many times I hear of something new and interesting I'd like to give a go through a shutdown message on HN.

Would you be willing to invest time/money into a platform you knew would likely shut down in a month or so? I like the idea of a "last chance", but I definitely would be much less likely to use a platform on its last breath. The functionality would have to be really compelling.

I'll be honest I didn't think that one through. I guess I just figured they wouldn't mention "this is a last ditch effort before we close down" without thinking of how dishonest it'd be to do so.

Re: Weave.in shutting down

#9

Post by gkoberger » Wed, Jul 13, 2016, 1:14 PM UTC

ohitsdom wrote: post #7

corobo wrote: post #4

I really wish these projects would post a Show HN or something a month or so before announcing their shutdown. So many times I hear of something new and interesting I'd like to give a go through a shutdown message on HN.

Would you be willing to invest time/money into a platform you knew would likely shut down in a month or so? I like the idea of a "last chance", but I definitely would be much less likely to use a platform on its last breath. The functionality would have to be really compelling.

I think corobo was saying that if they posted a Show HN (without mentioning shutting down), maybe they wouldn't need to shut down.

Re: Weave.in shutting down

#10

Post by throwawayReply » Wed, Jul 13, 2016, 1:17 PM UTC

corobo wrote: post #4

I really wish these projects would post a Show HN or something a month or so before announcing their shutdown. So many times I hear of something new and interesting I'd like to give a go through a shutdown message on HN.

They didn't seem to have a monetisation strategy, so would more interest help?

From their FAQ:

> How much does Weave cost?

> The service is absolutely free. We're venture-funded and will monetize in the future via premium (even better!) services for our members.