This is at least the second thing call Fig that is shutting down. There was also a video game crowdfunding website called Fig - https://www.wikiwand.com/en/Fig_(company)
Also docker compose before it became docker compose
Fig is sunsetting
41–50 of 73 posts
Re: Fig is sunsetting
#42They raised at least 2.2M in funding. Then they got acquired. Now it's over. I do think it's time we stop pretending that you can build a fully-fledged company on top of a developer tool or plugin. Lots of companies like this are going to be struggling in the next 2 years.
At $2.2M in funding, they are (likely) on a SAFE. There's no board, meaning no real VC pressure. They used that money to build... it's not like they were a beloved, widely used developer tool ruined by VC money. It sucks, but to build certain things, you sometimes need money. $2.2M isn't a ton – they raised in 2020, so that's roughly only (market) salaries for 3 people for those 3 years. Not everything will work out.…
Yeah you're probably right about there not being any pressure. the 2.2M was a seed round. 2.2M is a lot for 3 people salaries for 3 years in my opinion
Re: Fig is sunsetting
#43Are there alternatives to fig for linux? Seems like amazon code whisperer is macos only.
Many people suggesting zsh, but if you’re willing to move to fish you’ll get many features out of the box.
Re: Fig is sunsetting
#44Funny how "sunsetting" became a politically correct newspeak for "failed"
Re: Fig is sunsetting
#45Funny how "sunsetting" became a politically correct newspeak for "failed"
Did it really fail though?
Re: Fig is sunsetting
#46Funny how "sunsetting" became a politically correct newspeak for "failed"
It is not political nor failure.
It is corporate speak for we cashed out and the new owners bought us to strip us to parts so they can get what they want out of us (i.e: talent, patent/intellectual propety) while dominating the market and reducing (potential) competition.
It is a feature, not a bug for the shareholders.
Capitalism working as intended.
Re: Fig is sunsetting
#47Funny how "sunsetting" became a politically correct newspeak for "failed"
Being acquired by Amazon has nothing of "failed" in my book.
Re: Fig is sunsetting
#48Earlier quoted context omitted.
You’d be a lot less snarky if it was you getting rich.
"Fig team will be joining Amazon Web Services (AWS) and Amazon has acquired Fig's technology!" does not have the ring of "getting rich". Seems like acquihire + asset sale, quite possibly for a negligible price, and with liquidation preferences common stock is likely worthless. Not enough information to say for certain but deals along these lines are far more common than meaningful exits.
Why would they sell if it's for a negligible price? Seems like a pretty terrible deal if all they get out of it is to work at Amazon.
Re: Fig is sunsetting
#49Natural language to command line is the kind of functionality people dream about but it seems incredibly dangerous. How can I trust it to do what I intend every time? ChatGPT certainly isn't good enough as I've learned trying to use it on files I thankfully had a backup of.
You can't trust it.
You need the same (and probably more) robust controls in place as you would use for a more junior developer.
A human will be influenced by the potential outcome of any proposed solution. For example they might worry about the impact to their employment status if they are wrong, while an LLM will just spit out an answer that is "most likely correct".
Re: Fig is sunsetting
#50Earlier quoted context omitted.
"Fig team will be joining Amazon Web Services (AWS) and Amazon has acquired Fig's technology!" does not have the ring of "getting rich". Seems like acquihire + asset sale, quite possibly for a negligible price, and with liquidation preferences common stock is likely worthless. Not enough information to say for certain but deals along these lines are far more common than meaningful exits.
Why would they sell if it's for a negligible price? Seems like a pretty terrible deal if all they get out of it is to work at Amazon.
[deleted]