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Amazon acquires Fig

fig.io

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Re: Amazon acquires Fig

#121

Post by scosman »

berkes wrote: post #98
the_duke wrote: post #72

> New users will not be able to sign up for Fig's products right now while we focus on optimizing them for existing customers and addressing some needs identified to integrate Fig with AWS. This sounds a lot like the product is dead, and may emerge again at some point as an AWS hosted, Amazon branded product... I'd never use a subscription + telemetry laden product like this in my core workflow, but sucks for the cur…

To me the whole post read like "we are aquihired, but we cannot admit we are are aquihired". The closing of registration driving it home. If AWS bought it for the product, what reason would there ever be to stop the current business model entirely rather than leaving it on its current trajectory for a few months, untill said "needs" are addressed?

I read it as “hosted AWS version coming soon, we will email you when it’s time to migrate”.

If it was just acquihire there probably wouldn’t have a big blog post tying it to AWS. Just negative publicity for acquirer when they could shut down quietly.

Re: Amazon acquires Fig

#122

Post by w0mbat »

merryje wrote: post #59
404mm wrote: post #37

Earlier quoted context omitted.

He’s thrilled because it’s good for him, not for the users.

> Existing users will continue to be able to use Fig and will receive ongoing support. What's more, we are now making all the paid Fig Team features completely free. This sounds like a win for users.

Except people just hearing about Fig now can't sign up.

Re: Amazon acquires Fig

#124

Post by Takennickname »

mavamaarten wrote: post #100
mullingitover wrote: post #28

Seems like tough competition in this space. Warp has what's essentially Github Copilot in the CLI, and it's the same price. Beyond that, actual GH Copilot does a damn good job of crafting any CLI command that you can describe.

Fig works in any terminal though, and its free tier gives me useful enough recommendations and docs. It's very useful to be able to use IDE-like autocomplete inside my IDE, which is the terminal I use 99% of the time. As far as I'm aware, Warp is really a standalone gig.

Isn't it mac only?

Re: Amazon acquires Fig

#125

Post by guytv »

throwawayfigs wrote: post #64

"I am thrilled to announce that the Fig team will be joining Amazon Web Services (AWS) and Amazon has acquired Fig's technology! " That's possibly the most inefficient way of saying "AWS bought Fig" but I guess it makes some people happier to frame it that way In any event, I'll pass on "the CLI with a subscription that sends telemetry". Paying hard earned dollars every month for a terminal is something so out of the…

If the arrangement involved both a tech purchase and a contractual obligation for employees to stay with AWS for a set period, simply saying "Fig was acquired" wouldn't be accurate. Given that Amazon is a publicly traded company, making such misleading statements is a no-go.

Re: Amazon acquires Fig

#126

Post by guytv »

hedgehog wrote: post #82
throwawayfigs wrote: post #64

"I am thrilled to announce that the Fig team will be joining Amazon Web Services (AWS) and Amazon has acquired Fig's technology! " That's possibly the most inefficient way of saying "AWS bought Fig" but I guess it makes some people happier to frame it that way In any event, I'll pass on "the CLI with a subscription that sends telemetry". Paying hard earned dollars every month for a terminal is something so out of the…

That wording implies an asset sale which is for anyone involved in or doing business with Fig a big difference. In that case existing ownership and obligations stay with the original entity (probably something like Fig Inc, Delaware corp), the whole team gets hired on at Amazon, Amazon buys the tech they want for some payment the Fig board signs off on, and then someone goes in to clean up and wind down Fig Inc. It's…

... and ther's a big difference in taxation.

Re: Amazon acquires Fig

#127

Post by desireco42 »

This is very damaging for other startups. You create something, then you ask people to believe you and invest their time and sometimes money with you.

Then you, in act of desperation, sell out and sell your users...

The issue is, people are already super skeptical when these startups start asking for things, this just makes them even harder to get users to trust you as a emerging company or product with data and usage.

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