I mean... Was this as a byproduct of a cease and desist? Why so fast?
Read other comments - they announced it back on May 13
Shoplocket is shutting down
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Re: Shoplocket is shutting down
#12Is anyone else getting tired of the "build something unsustainable but popular so we can gather enough rep to sell to a megacorp, take a big payday, and shitcan the product and our customers" model for startups?
It doesn't seem totally unreasonable to me for failing startups to sell to a larger company and (hopefully) extract some of the value left in it for shareholders and employees - I just wish that with that the acquiring companies would do more to support the customers of the startup with reasonable shutdown notices etc. Unfortunately nobody involved has a very strong incentive to do so.
Re: Shoplocket is shutting down
#13Is anyone else getting tired of the "build something unsustainable but popular so we can gather enough rep to sell to a megacorp, take a big payday, and shitcan the product and our customers" model for startups?
Lately I've been searching for great products with sustainable business models. Basecamp, Posthaven, Pinboard, are a few that I've encountered.
I was inspired by this https://signalvnoise.com/posts/3830-ta-da-list-until-the-end... and I though "wow, this should be the way". And I think it is.
Re: Shoplocket is shutting down
#14Re: Shoplocket is shutting down
#15Is anyone else getting tired of the "build something unsustainable but popular so we can gather enough rep to sell to a megacorp, take a big payday, and shitcan the product and our customers" model for startups?
Many of the startups selling to megacorps where the product dies would have been dead in short order anyway, and I wouldn't assume everyone is getting a big payday. It doesn't seem totally unreasonable to me for failing startups to sell to a larger company and (hopefully) extract some of the value left in it for shareholders and employees - I just wish that with that the acquiring companies would do more to support t…