Evernote is a note taking app in 2015. While slack and hipchat are somewhat iconoclastic, they have network affects and boost productivity. Evernote is competing with apple notes, google docs, whatever microsoft has, every password keeping app, a notebook, a text editor and using a blog. This is something that will likely happen to dropbox and box. You provide storage. Simple math will provide you with the cost of st…
Microsoft has OneNote, which might be a good cautionary tale in this area. OneNote was once the king of note taking, like back in 2003, and it's still a great product. But Microsoft focused too much on the Business market, I think, dropping OneNote from the Office Home packages, and that kind of killed it outside of the corp world.
Evernote cuts 47 employees and shuts down 3 offices
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Re: Evernote cuts 47 employees and shuts down 3 offices
#102Earlier quoted context omitted.
I'm hoping they're dropping the idea of chat. Spending time on that really never made much sense me when their core product is so strong but badly needs some features to better align with modern tech trends such as improved plain text and markdown support.
> ... markdown support Yes, 1000 times yes! I so wish I could author in Evernote using markdown. Getting any sort of rich text done in a note is extremely cumbersome in Evernote, lists for instance.
Re: Evernote cuts 47 employees and shuts down 3 offices
#103Earlier quoted context omitted.
It would also be a huge plus if it didn't take 5 seconds to load every time I opened the app. Not sure how a company with so many competitors can survive long-term with its product in such a state.
Agreed; Google Keep has become my preference for immediate note taking. I think a major factor in Evernote's long-term survival is the friction of switching to a competitor (in conjunction with getting a lot of early traction with power-users).
Re: Evernote cuts 47 employees and shuts down 3 offices
#104Earlier quoted context omitted.
My prediction, the next dead unicorn: Dropbox They are similar in that they haven't made anything note worthy in a while and their main product is really just a feature of bigger companies apps and services.
File sync is a feature of the Google Suite, but Dropbox is much better than Google Drive. Dropbox gets a lot of subtle things right. Maybe in the long term you're right, but I'm not so sure. I think Dropbox Teams is too expensive but I'm paying it anyway because I think it's that much better. (I think that's a sign they set the prices exactly right)
Nowadays dropbox needs to convince user of other services that it is better. On paper though, dropbox provides less for more money - that's going to be difficult. I share your opinion - they are better. The reason I know is because I have been a client for years and they never let me down even in weird syncing scenario. Syncing quality is #1 feature of a cloud storage, you need to be able to trust it fully.
However, how do I convince a MS user that 1 TB from dropbox for 7.99 GBP/month is a better deal than 1 TB (actually 5 TB since it is 1 TB per user) + Office 365 + 60 Skype Minutes for 7.99 GBP/month ?
Re: Evernote cuts 47 employees and shuts down 3 offices
#105Earlier quoted context omitted.
My prediction, the next dead unicorn: Dropbox They are similar in that they haven't made anything note worthy in a while and their main product is really just a feature of bigger companies apps and services.
My favourite question to ask of start-ups: "have you built a product or a feature?"
Re: Evernote cuts 47 employees and shuts down 3 offices
#106Support acknowledged it was a bug and told me that there was nothing they could do. They didn't even offer to let me have a few months free to catch back up and re-create my notebooks.
Re: Evernote cuts 47 employees and shuts down 3 offices
#107Re: Evernote cuts 47 employees and shuts down 3 offices
#108Re: Evernote cuts 47 employees and shuts down 3 offices
#109Earlier quoted context omitted.
I believe Groupon is the first dead Unicorn
Groupon is still worth a couple of billion despite the beating it's taken from investors. Its revenue and EBITDA have consistently climbed in each year since going public, and there is plenty of cash on hand without a single cent of debt. As usual, the Motley Fool's analysis is excellent: http://www.fool.com/investing/general/2015/04/07/bull-vs-bea...