If we're going to celebrate failure can we at least fail with respect, humility, and maybe even a tiny bit of class? The word "sorry" does not appear in this post. Instead of apologizing to investors, users, and employees for letting all of them down the CEO writes a contentless self-aggrandizing post. The CEO also doesn't bother to thank anyone despite being literally and metaphorically indebted to investors, users,…
ClusterHQ is shutting down
111–120 of 230 posts
Re: ClusterHQ is shutting down
#112Earlier quoted context omitted.
Unless an investor additionally gave a loan, there is no debt owed in any way to investors - that's the point, they made a decision to invest at risk and presumably did due diligence based on accurate information.
Errr, wait what? Firstly, to say there's no debt, monetary or otherwise, to someone who believed in your company enough to hand over their own money (or money in their control) to back you is just pure arrogance. Secondly, there absolutely is debt. When a company goes into administration the assets are sold to pay out those who hold equity in the company. They're literally owed debt. EDIT : To clarify for those respo…
Re: ClusterHQ is shutting down
#113Earlier quoted context omitted.
Unless an investor additionally gave a loan, there is no debt owed in any way to investors - that's the point, they made a decision to invest at risk and presumably did due diligence based on accurate information.
Errr, wait what? Firstly, to say there's no debt, monetary or otherwise, to someone who believed in your company enough to hand over their own money (or money in their control) to back you is just pure arrogance. Secondly, there absolutely is debt. When a company goes into administration the assets are sold to pay out those who hold equity in the company. They're literally owed debt. EDIT : To clarify for those respo…
Re: ClusterHQ is shutting down
#114Earlier quoted context omitted.
Many -- probably most -- ultimately very successful companies had near-death experiences. They aren't usually written about. Apple's near-death in 1997 is well documented. Tesla's is described in Ashlee Vance's biography of Musk. http://foundersatwork.com/ has firsthand stories about some others. They would have become full-death experiences if the CEO had said, "Hey everybody, we're near death, just FYI". So in the…
The founder of FedEx once saved the company by taking its last $5,000 and turning it into $32,000 by gambling in Las Vegas.
Re: ClusterHQ is shutting down
#115We've been running Kubernetes (500+ containers) in production for over a year now. I believe (and hope) that 2017 will be the year that persistent data storage will be solved. We are ready to move our data out of OpenStack and have our data services (Elasticsearch, Cassandra, MySQL, MongoDB) join the rest of our apps on Kube-orchestrated infrastructure. But, we're not there yet. The options just aren't good enough. L…
Look at the list of PV types for Kube What I see is a lot of complex network filesystems, vendor-specific solutions and gateway protocols to expensive SAN solutions, which are already chalk and cheese in terms of features and performance. Arguably one of the best features of unix-style systems is support for arbitrary mount points, filesystem drivers and (network or local) blockstores. Storage is, essentially, a well…
Since suggesting your company is not in the same class of the companies that see literally billions of unique users every day, and thus may not need such overcomplicated solutions, is sure to make your boss irate, it's a good idea to familiarize with whatever new hotness has Facebook or Google's name attached to it.
Your clueless colleagues will race each other to announce the latest Google/FB engineering blog post in Slack so they can look the smartest and then convince your boss that since your Google-dom will be upon you tomorrow, you must adopt HotNewStuff today. This impulse is behind the proliferation of Hadoop and "Big Data", containers and orchestration, and MongoDB and NoSQL. All of these are useful tools that are valuable and good as necessary, but widely abused because people who don't really know what they're doing think this will give them an out.
You'll be stuck maintaining something interesting but really not mature or production-ready like k8s for years, just about long enough for it to become smooth and stable, at which time something else will come along to repeat the cycle. :)
Re: ClusterHQ is shutting down
#116How many people were employed at ClusterHQ? Honestly I never even heard of the company but I had heard of some of the open source projects. Maybe I'm just out of the loop. Also any information as to lessons learned, etc? Basically why it failed? Looking at the marketing material I didn't see anything really remarkable about it (nothing that stood out as a "oh this is why I would give them money") so I'm curious. > I’…
11-50 employees according to https://www.crunchbase.com/organization/hybridcluster#/entit...
Re: ClusterHQ is shutting down
#117If we're going to celebrate failure can we at least fail with respect, humility, and maybe even a tiny bit of class? The word "sorry" does not appear in this post. Instead of apologizing to investors, users, and employees for letting all of them down the CEO writes a contentless self-aggrandizing post. The CEO also doesn't bother to thank anyone despite being literally and metaphorically indebted to investors, users,…
To me this just sounds like a shot at irony by combining crudity with eloquence, fully agree with your sentiment though.
Mark Davis is pretty tone-deaf, it reads like "hahaha good times, didn't we have a good run, FoCkers?" while the message is "here's a bunch of problems and you probably need to work overtime".
Re: ClusterHQ is shutting down
#118Earlier quoted context omitted.
Unless an investor additionally gave a loan, there is no debt owed in any way to investors - that's the point, they made a decision to invest at risk and presumably did due diligence based on accurate information.
Errr, wait what? Firstly, to say there's no debt, monetary or otherwise, to someone who believed in your company enough to hand over their own money (or money in their control) to back you is just pure arrogance. Secondly, there absolutely is debt. When a company goes into administration the assets are sold to pay out those who hold equity in the company. They're literally owed debt. EDIT : To clarify for those respo…
This is incorrect. Please see the differences between equity and debt. [1]
[1] http://smallbusiness.findlaw.com/business-finances/debt-vs-e...
Re: ClusterHQ is shutting down
#119Earlier quoted context omitted.
For reference, here is the post from 12/15 where the statement, " I can promise that 2017 will also be a big year for the company" was made by the CTO. Having the CTO make that statement, knowing that the company was shutting down, seems odd. Which implies it was not an orderly shutdown. https://clusterhq.com/2016/12/15/container-predictions/
And that the CTO wasn't kept in the loop.