Live data from Hacker News

Fable is winding down

fable.app

21–30 of 78 posts

Re: Fable is winding down

#21
I found the "why are we closing down" to be somewhat weak.

I mean, you're closing down cause you ran out of cash right? But apparently the app is beloved by customers... right?

Something about AI (which seems somewhat vague...)

Anyway, why not just be honest? We swung for the fences, didn't quite get there, the money is all gone, and no-one wants yo give us more...

Frankly as post mortems go, this one is pretty weak.

Re: Fable is winding down

#22

It always amazes me how many of these "we're winding down X" stories hit the front page here and I've never heard of X. We really do work in silos, even if it doesn't seem that way.

Or maybe it's that you're well informed and X wasn't well known... When a product shuts down it's usually because it wasn't profitable (or not profitable enough). Either they didn't get enough paying customers or they set their pricing too low. For whatever reason- but there's probably some correlation between a product shutting down and many people not being aware of its existence. Even without being well known, the…

When a VC-backed company shuts down, it's usually because they weren't growing. You can only get to the next round of funding if you're still growing—otherwise you run out of runway.

I don't think profit plays a big role.

Re: Fable is winding down

#23
post #8

If the founders drop by this thread: * Please open source it! * This is the best conclusion for everybody involved.

Open Sourcing is a lot of work. Plus it might contain (even huge) parts that can not be open sourced. And even unknown parts where real ownership and patents might be unknown.

Where did this bizarre myth start? You apache-license the code you wrote, write a paragraph about code isn't yours or you're not sure about and is therefore missing, and move on with your life.

Patent indemnification is not your problem, it's the problem of whoever wants to use the code.

Re: Fable is winding down

#24

It always amazes me how many of these "we're winding down X" stories hit the front page here and I've never heard of X. We really do work in silos, even if it doesn't seem that way.

Maybe if you had heard of it, it wouldn't be winding down

Re: Fable is winding down

#25
post #23
post #8

Earlier quoted context omitted.

Open Sourcing is a lot of work. Plus it might contain (even huge) parts that can not be open sourced. And even unknown parts where real ownership and patents might be unknown.

Where did this bizarre myth start? You apache-license the code you wrote, write a paragraph about code isn't yours or you're not sure about and is therefore missing, and move on with your life. Patent indemnification is not your problem, it's the problem of whoever wants to use the code.

Exactly. If the company is winding down anyways, it's hard for things to get worse anyways.

Re: Fable is winding down

#27
post #5

The app is built, why not just let it simmer for awhile. Are the costs of running it greater than the money it brings in?

If investors are getting nervous and want a faster ROI, they can decide to bail and force a rapid shutdown.

Re: Fable is winding down

#28

It always amazes me how many of these "we're winding down X" stories hit the front page here and I've never heard of X. We really do work in silos, even if it doesn't seem that way.

I had actually assumed it was the studio behind the Fable games, or some sort of mmrpg based on the games.

I have no idea why my startup Halo failed.

Re: Fable is winding down

#29
post #5

The app is built, why not just let it simmer for awhile. Are the costs of running it greater than the money it brings in?

It's a great reason why webapps suck. A licensed local app would be great here, as the customer wouldn't lose value when Fable disappears. Yet now customers lose all value. Great.

So frustrating as a user.

Re: Fable is winding down

#30

> On November 15, 2024, the Fable product will be shut down. All users will no longer be able to sign up, log in, or access files. All customer data and project files will be permanently deleted [...] > We recommend you look through your Fable files and export your projects off the platform (e.g. to mp4, gif, lottie… etc). I genuinely am at a loss for words here. Somebody sat down and decided that giving you your pro…

I think it says more about us that we are at a loss for words or shocked that a startup goes under and its unwinding is messy. It is neither a big deal, nor is it particularly unethical that this should happen. Caveat emptor. This type of reaction should be reserved for real catastrophes like a cancer diagnosis, a war, the death of a loved one, etc.

Have we all become so fragile that something as minor as a startup with a small number of users shutting down causes us shock and disgust?

Post reply on HN