Atrium shuts down, laying off 100
techcrunch.com
Atrium shuts down, laying off 100
1–10 of 175 posts
Re: Atrium shuts down, laying off 100
#2This happened less than 2 months after a "pivot to tools": https://news.ycombinator.com/item?id=22040238
Re: Atrium shuts down, laying off 100
#3wow.... that happened fast.
Re: Atrium shuts down, laying off 100
#4Maybe Justin Kan should have focused less on his tweets and more on his company.
Re: Atrium shuts down, laying off 100
#5Maybe Justin Kan should have focused less on his tweets and more on his company.
May be his tweets were a reflection of his inner journey and struggle with where the company was headed? Let's be kind. This is not easy.
Re: Atrium shuts down, laying off 100
#6Let’s wait for the full autopsy but perhaps a better strategy would have been supplying tools and software to lawfirms, aggregating data and knowhow and then pivoting to an “automated” law firm as a service.
But hindsight is always 20/20
Re: Atrium shuts down, laying off 100
#7Maybe Justin Kan should have focused less on his tweets and more on his company.
May be his tweets were a reflection of his inner journey and struggle with where the company was headed? Let's be kind. This is not easy.
I have been following Atrium almost since its inception after being flagged by Andreessen and Justin was from the beginning tweeting pseudo-inspirational thoughts. In interviews he seemed more concerned with the story (serial entrepreneur / Twitch founder aims to disrupt legal field) than the content of the company (why the hybrid model? how is this going to move forward?).
Re: Atrium shuts down, laying off 100
#8Let’s wait for the full autopsy but perhaps a better strategy would have been supplying tools and software to lawfirms, aggregating data and knowhow and then pivoting to an “automated” law firm as a service. But hindsight is always 20/20
This. With every 'failure' of a company there come those who don't know the full picture and begin with 'guesses', 'maybe's' and other 'reasons' why it failed. The sensible thing to do is to wait for the details.
Because at the end of the war or a death of a startup, everyone is a field marshal analysing the failure afterwards.
Re: Atrium shuts down, laying off 100
#9Let’s wait for the full autopsy but perhaps a better strategy would have been supplying tools and software to lawfirms, aggregating data and knowhow and then pivoting to an “automated” law firm as a service. But hindsight is always 20/20
The hybrid model made little sense in VC-land anyways. Gross margins were not as high as a full SaaS model. The transition to a full software model was never clearly laid out and seemed more wishful than anything.
Re: Atrium shuts down, laying off 100
#10This happened less than 2 months after a "pivot to tools": https://news.ycombinator.com/item?id=22040238
Never really seen a "pivot to tools" work (after I tried it with one company, and it failed, I started noticing when others tried it too).