171–180 of 354 posts
They must be incredibly jealous of all the successful note taking apps (Notion, Ulysses, Bear, Craft). Evernote were first, and blew it. No other way to describe it. I dumped Evernote when they restricted their free accounts to 2 devices. Ironically I'm now paying for Ulysses, money I might have give to Evernote had they not been so awful to early adopters.
This is going to be a disaster - Bending Spoons is not a good actor: “let’s talk about Bending Spoons’ business model. The basic concept is very simple: - Find a solid app that someone else built and buy it from them (see Splice (acquired from GoPro) and 30 Day Fitness) - Optimize the monetization of said app (by implementing from scratch or fine-tuning existing subscriptions), thereby driving higher lifetime value (…
Any idea of how much Bending Spoons paid for Evernote ?
Ex Evernote employee here. Someone else posted this: https://finance.yahoo.com/news/bending-spoons-raises-340-mil... Employee shares are (apparently) being priced next to nothing. My understanding while working there was that if the company sold for $300m or less, we’d get nothing. So, $340m sounds about right. It’s a fire sale.
I learned three things watching EN snatch defeat from the jaws of victory: 1) There is almost never a case for a total ground up rewrite of your core product. Just don’t do it. 2) Don’t abandon the users who made you successful in the first place. They’re the ones who advocate for you and get your foot in the door. 3) real time google docs style collaborative editing is table stakes for this software category. Build…
> 1) There is almost never a case for a total ground up rewrite of your core product. Just don’t do it. I've espoused this before, but I've come around to moderating my take on this. "Almost never" is an exaggeration. I agree that they "almost never" work, but that's not the same as there being no case (there's a difference between "should not have done" and "should have done differently". After many years of seeing…
There is an important caveat here - sometimes the original is rough not because you didn't know how to do it better, but because you were emphasizing speed and flexibility e.g. very early stage startup and you don't really understand the product here.
[see also, ship the prototype problem]
This is going to be a disaster - Bending Spoons is not a good actor: “let’s talk about Bending Spoons’ business model. The basic concept is very simple: - Find a solid app that someone else built and buy it from them (see Splice (acquired from GoPro) and 30 Day Fitness) - Optimize the monetization of said app (by implementing from scratch or fine-tuning existing subscriptions), thereby driving higher lifetime value (…
None of what you wrote makes them sound like a "bad actor". All of these are good things for a failing business. Why shouldn't a photo editing app be $10/week? If you don't think you are getting that much value out of it then don't subscribe. Yet there is probably a group of power users who will gladly pay that amount. Evernote needs to be catering to them, not the millions of users who will endlessly complain but ne…
Paxys. You probably don't have a clear idea of what kind apps he was referring to. There are no power users in this case.
This is going to be a disaster - Bending Spoons is not a good actor: “let’s talk about Bending Spoons’ business model. The basic concept is very simple: - Find a solid app that someone else built and buy it from them (see Splice (acquired from GoPro) and 30 Day Fitness) - Optimize the monetization of said app (by implementing from scratch or fine-tuning existing subscriptions), thereby driving higher lifetime value (…
I must admit it's not entirely obvious why that business model makes them "not a good actor". And what's with the snark about Italian banks?
Now evernote is being bought. I need to migrate my data out. Evernote was a great company early on. Not sure why they lost the race. But I think it has something to do with task managers, like trello, and heavy data collectors like database in notion.
* Multiple tags per note
* OCR/search on attachments
* Web clipping (full page and individual sections)
* Mail to Evernote (with attachments)
* Decent WYSIWYG
* Good scanning support ("scannable" app)
It did have its problems and did lose 3 or 4 notes due to syncing issues but today's web version is usable and the product seems stable now. I agree that the acquisition is probably not good news. So, if anyone knows of a replacement with these features, pls reply!
This is going to be a disaster - Bending Spoons is not a good actor: “let’s talk about Bending Spoons’ business model. The basic concept is very simple: - Find a solid app that someone else built and buy it from them (see Splice (acquired from GoPro) and 30 Day Fitness) - Optimize the monetization of said app (by implementing from scratch or fine-tuning existing subscriptions), thereby driving higher lifetime value (…
I will never accept that selling wallpaper apps or something with the same level of complexity for hundred of dollars every year is an acceptable business model.
I learned three things watching EN snatch defeat from the jaws of victory: 1) There is almost never a case for a total ground up rewrite of your core product. Just don’t do it. 2) Don’t abandon the users who made you successful in the first place. They’re the ones who advocate for you and get your foot in the door. 3) real time google docs style collaborative editing is table stakes for this software category. Build…