I’m only interested in this because it is the first company I’ve seen try to completely wipe itself off the face of the earth in a little over a week. You won’t even be able to access your billing history after March 27 and there will be no support available after that date.
Clockwise acquired by Salesforce
51–60 of 82 posts
Re: Clockwise acquired by Salesforce
#52Salesforce has lost half its market cap in the last ~year. Spending time and money to acquire a calendar scheduler shows just how badly they have lost the plot. I know this is an HN meme but can someone look at https://www.getclockwise.com/overview and explain why an internal team couldn't build this in a couple of weeks? And it's not like Salesforce is lacking engineers - they employ 83,000 (!!) people globally.
> Salesforce has lost half its market cap in the last ~year They're also at record revenue [1]. [1] https://investor.salesforce.com/news/news-details/2026/Sales...
> They're also at record revenue [1].
I too have revenue of $1 billion but with $2 billion in expenses
Re: Clockwise acquired by Salesforce
#53Earlier quoted context omitted.
> Salesforce has lost half its market cap in the last ~year They're also at record revenue [1]. [1] https://investor.salesforce.com/news/news-details/2026/Sales...
> They're also at record revenue [1]. I too have revenue of $1 billion but with $2 billion in expenses
I mean wow, talk about making it up in volume, but hell I would take it.
Re: Clockwise acquired by Salesforce
#54I’m only interested in this because it is the first company I’ve seen try to completely wipe itself off the face of the earth in a little over a week. You won’t even be able to access your billing history after March 27 and there will be no support available after that date.
A huge fuck you to their customer base. Talk about burning bridges to the ground.
Re: Clockwise acquired by Salesforce
#55Earlier quoted context omitted.
How does shutting the product down get them any customers? "Hey you've been paying for this calendar thing for a while, but won't be able to any longer. Go use one of their competitors instead. BTW have you tried our CRM?"
To be fair, Salesforce IS a CRM and can offer people project/time/calendar/team collaboration features, even if it's not a DIRECT competitor to a modern wave of time management startups.
You don't typically buy clients via acquisition and then cancel them before you convert them, though...
Re: Clockwise acquired by Salesforce
#56Earlier quoted context omitted.
They have families to feed. This might forever protect their families from any financial misfortune. Any sane person would do the same. I would.
Then don't lie! Maybe instead they could say: > it has been our mission to forever protect our families from any financial misfortune. We hoped we could help the world make time for what matters along the way, but ultimately money comes first. There's nothing wrong with selling out and getting rich. There's no need to lie about it.
have you never seen an "our incredible journey" post before? that's NOT how they work!
Re: Clockwise acquired by Salesforce
#57Earlier quoted context omitted.
Warms my heart to learn their families will finally be able to afford nutritious meals, put clothes on their backs and maybe even afford a bike to go to school rather than walking 2h everyday. We need more uplifting stories like this one. Thank you salesforce. Jokes aside though, many (most?) acquihires are for very little $. Often just founders not being able to continue and just wanting an honorable exit + guarante…
A valuable skill as entrepreneurs, is to know when to stop and move on. Recognizing what you built may not be viable financially long term or is no longer a fit for the market and then making adjustments is what good entrepreneurs do. Sometimes it means shutting shop, while other times it means getting acquired and refocusing on the path forward.
This is one of those things that sounds so good with a quick read, but for every example you give me of a smart entrepreneur who knew when to pull the plug I can gave you a gritty, determined one who stayed focus on the vision and built something successful. In this case did they ever have market fit or financial viablilty?
Re: Clockwise acquired by Salesforce
#58Earlier quoted context omitted.
Yea, until they leave as soon as they can because working at Salesforce is nothing like a startup These acquihires seem so ineffective to me unless the acquiring company is truly attractive to the acquirees talent.
That's what the vesting period is for, to ensure the team sticks around for long enough that the acquirer can figure out who is most valuable and make it attractive for them to stay.
optimist's view: if you have faith in SF longer term it's a great time to get your options priced!
Re: Clockwise acquired by Salesforce
#59Has anyone used reclaim? I’ve been meaning to try it.
Re: Clockwise acquired by Salesforce
#60Earlier quoted context omitted.
Clockwise has thousands of companies using it already. Buying the company gives them those customers. They shut it down presumably so they can do something with those customers they bought. Making software is easy. Don’t kid yourself. If you’re a swe you’re an expense line item. Getting distribution is hard.
How does shutting the product down get them any customers? "Hey you've been paying for this calendar thing for a while, but won't be able to any longer. Go use one of their competitors instead. BTW have you tried our CRM?"
Because you might shift them to another product line?
I don't personally care about Salesforce and think they're a low/mediocre company, but having seen acquisitions at my last company we'd shut them down but roll them into our ecosystem.
Obviously there's churn, but that's why you spend MONTHS doing due diligence to figure out if the strategy is sound. For example, most of the customers of one product we acquired were already using our product for other things, or competitor platforms. So, we managed to roll a bunch of enterprise customers onto our platform.
Its not just LOOK AT ME I WROTE SOME CODE :D lol
Or they might just be buying out the team to help them build out something to address gaps in their product.
But it is not just "why can't they just make it themselves"