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Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

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31–40 of 52 posts

Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

#31

To people who use Path - why do you use it over Facebook?

I use Path (mostly) for pictures of my kids. Path is invite/opt-in which makes it easy to share with only the family and friends who are interested.

I don't want everyone on Facebook seeing my family photos any more than they want to be flooded with updates from a doting father.

Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

#32

I think this is interesting because this may represent a pullback in the social/mobile consumer space from an investment standpoint. Path is a VC darling given that it raised over $40 million from the likes of KPCB (a firm that also mentioned a direction change[0]). Anyone talking about a SV bubble should consider that some companies with tremendous momentum are scaling back a little bit. It could be a healthy pull b…

Either that or the market finally wised up to the fact that Path is managed by asstards who don't have a shred of respect for their customers.

Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

#33
post #19

That's what happens when you realise that it costs more to acquire a user than you can make money off him/her. There'll probably another layoff in 4 months and another one and then we have an acquihire, yeah! Ugh, I tried to like it, but I just dont like Path. If I can think of a vanity startup with vanity PR, vanity founder, vanity metrics, it's Path. Ugh.

[deleted]

Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

#34

I think this is interesting because this may represent a pullback in the social/mobile consumer space from an investment standpoint. Path is a VC darling given that it raised over $40 million from the likes of KPCB (a firm that also mentioned a direction change[0]). Anyone talking about a SV bubble should consider that some companies with tremendous momentum are scaling back a little bit. It could be a healthy pull b…

It all comes back to you if you try screwing over the market, the market sees everything.

I love the market.

Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

#37
post #8
post #5

Earlier quoted context omitted.

Is Path particularly well-regarded?

Not necessarily. But Silicon Valley engineers with startup experience who just lost their job and are likely to accept lowball offers so they can continue to pay their hyper-inflated apartment leases, those people are highly sought after.

Ha. Actually engineers in general are sought after out here simply because there's a shortage; which is likely due to the fact that outsiders hold your viewpoint.

NOT EVERYONE WHO MOVES TO THE BAY AREA LIVES OR NEEDS TO LIVE IN SAN FRANCISCO. THERE ARE A PLETHORA OF OPTIONS.

Look at a map, jeesh.

Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

#38

Earlier quoted context omitted.

lol.... that honestly made me laugh. I never read the interview before but will make use of that line sometime. Regarding path, they need to boost numbers, so started exploiting peoples address books, when this worked they raised more money but those users where spammed and probably just deleted the app. The only thing i hear about path is the design, if you did a frequency distribution of word usage in path articles…

Here's a great breakdown of the interview: http://jesuschristsiliconvalley.tumblr.com/post/46539276780/...

Why doesn't that guy post more often? He's hilarious!

Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

#39
post #18
post #6

Earlier quoted context omitted.

Some context for those who don't know the reference. > "I don’t use a ring of any kind on my phone. This is so that I am always on offense and never defense." [1] [1] http://www.vanityfair.com/culture/my-phone/2013/03/dave-mori...

I wonder which phone Techcrunch called. They might have called his night phone this morning.

I'm surprised that so many people remember this.

Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’

#40
post #8
post #5

Earlier quoted context omitted.

Is Path particularly well-regarded?

Not necessarily. But Silicon Valley engineers with startup experience who just lost their job and are likely to accept lowball offers so they can continue to pay their hyper-inflated apartment leases, those people are highly sought after.

I very much doubt engineers laid off from a well-regarded startup like Path would take low-ball offers. I've seen similar situations firsthand many times now, and I'm almost certain they will get multiple competitive offers.
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