Jawbone is being liquidated as its CEO launches a related health startup

Post by janober » Thu, Jul 06, 2017, 11:02 PM UTC

Post by [deleted] » Thu, Jul 06, 2017, 11:24 PM UTC

adamstober wrote: post #2

Second time today we see reporting on SF tech startup woes (see SoundCloud as well). In case it's helpful, http://www.layoff-aid.com is avaiiable for SF tech talent affected by downsizing in both cases. What an epidemic.

Post by sbarre » Thu, Jul 06, 2017, 11:32 PM UTC

w1ntermute wrote: post #4

Reminds me of these lines from a Hemingway novel: “How did you go bankrupt?” “Two ways, gradually and then suddenly.” There have been a lot of startups without a real product that have been propped up by the bubble of easy money over the last 5 years. But sooner or later, the debtors will come calling. If you work at a startup, you owe it to yourself to think carefully about where your company stands - you can be sur…

Post by charlesdm » Thu, Jul 06, 2017, 11:34 PM UTC

sbarre wrote: post #5

w1ntermute wrote: post #4

Reminds me of these lines from a Hemingway novel: “How did you go bankrupt?” “Two ways, gradually and then suddenly.” There have been a lot of startups without a real product that have been propped up by the bubble of easy money over the last 5 years. But sooner or later, the debtors will come calling. If you work at a startup, you owe it to yourself to think carefully about where your company stands - you can be sur…

Jawbone has/had plenty of products. I don't understand the relevance of this comment

Post by riffic » Thu, Jul 06, 2017, 11:35 PM UTC

adamstober wrote: post #2

Second time today we see reporting on SF tech startup woes (see SoundCloud as well). In case it's helpful, http://www.layoff-aid.com is avaiiable for SF tech talent affected by downsizing in both cases. What an epidemic.