21–30 of 168 posts
I don't get it. According to the blogpost, 450,000 organizations use Airplane, and over 50% of Fortune 500s are paying customers? Okay, that suggests a viable business. And then they're shutting down? Normally you'd expect to see some layoffs and a paring down to profitability: it is SAAS, after all, so you'd expect high gross margins that could be operated by a skeleton crew if necessary. I'm wondering what happened…
"An update on Airplane" "The update is we're cancelling it"
That's crazy. They raised a ton of money and the fact that the airplane.dev platform is being sunsetted.. How graceful was this.. landing?
Earlier quoted context omitted.
Potentially an acquihire due to exhausting runway? Would align with the idea of a startup funding crunch in the current macro, but only someone with transaction details and willing to violate an NDA (if one exists) would be able to share (if details aren’t going to be made public). Depending on comp, benefits, and infra, it is not outside of the realm of possibility to burn through $32M (Sep 2022 Series B raise) in ~…
I wonder if there's a business/service that estimates "remaining funding" based on raised funds vs. number of employees and their respective role's average salary? You could almost see it coming when a company is still in the early stages, probably not generating revenue, and burning up cash. The fact I even think about this means someone in the area of business finance thought of it a looong time ago... haha
Seriously though, if you're a business like https://simpleclosure.com/ you'd probably use this for prospecting. Recruiters too might pay for such a list to recruit from companies in peril ("motivated talent"). Lots of ways to potentially squeeze some fiat from this idea imho.
I don't get it. According to the blogpost, 450,000 organizations use Airplane, and over 50% of Fortune 500s are paying customers? Okay, that suggests a viable business. And then they're shutting down? Normally you'd expect to see some layoffs and a paring down to profitability: it is SAAS, after all, so you'd expect high gross margins that could be operated by a skeleton crew if necessary. I'm wondering what happened…
Welp, this changes my 2024 outlook. I've been using Airplane.dev since their first post on HN, and I was repeatedly delighted with the way the product "just worked", I thought they made great choices about code vs. config vs. admin, and their feature development velocity was superb. I was ready to really jump in and move beyond simple internal tools to build complex, mission critical internal systems in airplane. Doe…
"Thousands of engineers use Airplane to rapidly build UIs and workload automation for engineering, support, and operations teams." "As part of this transition, we will unfortunately be sunsetting the Airplane platform on March 1." So these "thousands of engineers" will only have two months to redo all of their work?
Don't integrate early-stage SaaS as critical to your business is the main lesson here. You get laid-off just like their employees when they rush toward a shitty acquisition.