According to their site, they are still hiring for five positions. Maybe it's just a massive cleansing?
or they just haven't updated their website :)
They just fired the person who updates their website
Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
41–50 of 52 posts
Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#42Was Matt Van Horn one of them? [Context: http://www.motherjones.com/media/2012/04/silicon-valley-brog... ]
No wonder Path and Klout are both laughingstocks in the Valley...
Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#43That'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.
I'm the same. Really tried using and liking path for 6-8 months but I just couldn't find a use-case outside of using it like Instagram without having to admit I used Instagram. It's derivative and deliberately-limited for no perceivable benefit. And since everyone (even Trello!) is adding "stickers" Path had to hop on the bandwagon too.
Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#44[deleted]
Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#45I 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…
Pullback started about 2 years ago.
I wrote about my experiences here trying to raise a seed round for an app that had considerable traction for the stage we were at http://blog.zmitri.com/startups/2013/06/14/you-need-a-millio...
Path was just well financed enough to make it this far.
Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#46Path laid off 13 staffers today, axing 20 percent of its workforce... Path founder and CEO Dave Morin, who celebrated his 33rd birthday yesterday, has not responded to requests for comment. Cmon Techcrunch, you should know that Path dude never answers his phone, it puts him on defense.
funny thing is he comments on HN https://news.ycombinator.com/threads?id=davemorin
Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#47I 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.
Consider that the people who made the biggest, shittiest decisions here made way more money while doing so than you did during the same period, most likely.
Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#48Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#49Earlier quoted context omitted.
Overlooking their privacy issues, the app was well done. The experience felt fresh when the app first came out. A few things I thought were particularly neat: the circular menu for posting statuses, the polished timeline, and the drawer (which to my knowledge they were the first to do).
And then they: - silently stole your contacts, a move so shady it prompted Apple to quickly push an OS update allowing a per-app contacts access permission, then - used the phone numbers of your contacts to send them completely false text messages saying you'd shared (unspecified) things with them on Path in an effort to get them to sign up (even when you had done no such thing), then - leaked your location even when…
To be fair, every app at the time was silently stealing your contacts. Path was just the one that was singled out because they were high profile at the time.
Re: Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
#50Earlier quoted context omitted.
It all comes back to you if you try screwing over the market, the market sees everything. I love the market.
Consider that the people who made the biggest, shittiest decisions here made way more money while doing so than you did during the same period, most likely.
What do you mean by them having made more money than me?
As far as I can see, they have to sell Path for more than $41.2M before they make more money than $0 and that´s gonna be a tough one. I'm currently a bit above that number. ;)