From what I can tell, and what I've heard from friends of the company, they shut down Cue the product, not the company.
The team is likely working on a new product.
Cue is Shutting Down
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Re: Cue is Shutting Down
#42That's a shame, very cool concept. I wish them all the best. What was their actual business model though? Anyone know?
Freemium. You could get basic functionality for free, but certain tasks would cost money. I seem to remember thinking that the balance between what was free and what was paid was a bit off.
Re: Cue is Shutting Down
#43From what I can tell, and what I've heard from friends of the company, they shut down Cue the product, not the company. The team is likely working on a new product.
They would have done a pivot if they were indeed working on a new product. Like they did with Greplin.
Re: Cue is Shutting Down
#44TechCrunch posted this update: We are hearing from additional sources that they did raise that extra funding, so this is looking like a product pivot or a sale rather than a full shutdown of the company.
Re: Cue is Shutting Down
#45I think this is definitely a pivot, judging by the founder's YC experience (http://thenextweb.com/entrepreneur/2011/03/05/greplin-founde...).
They're very smart, I'm sure whatever they build next will be even better.
Re: Cue is Shutting Down
#46It's sad, I remember greplin had a lot of things going for them. In general re: shutdowns: If the economics aren't red ink or a white elephant, why not find a buyer or merge with a frenemy instead of throwing away value and customers? Most shutdowns appear to me like putting 30 packs of $100 bills on a table, pouring gasoline over them and throwing a lit match while rationalizing "Everybody does it, so it's okay. Loo…
A man called Sir Bacon, if we can't follow him, who can we follow?
Re: Cue is Shutting Down
#47Quite unfortunate.
I liked Greplin and it really helped me several times to find 'missing' tweets and FB posts. When they pivoted and changed the name, the search part became below par. So I stopped using it entirely.
I do not know why they changed the previously good generic name and the original focus. I am sure they probably had more info than I do.
As we create more content scattered all over, personal search is becoming more useful. I hope something good comes again.
Best of luck to the team on what ever they do next.
Re: Cue is Shutting Down
#48It would be nice when a company is shuttered or acquired for it to briefly state what it did in the announcement. I saw one business last night that had been acquired by Google with no mention of its purpose.
Re: Cue is Shutting Down
#49Maybe they got an NSL - sudden shutdown, all data deleted...
NSL?
Re: Cue is Shutting Down
#50Maybe they got an NSL - sudden shutdown, all data deleted...
NSL?