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Cue is Shutting Down

cueup.com

61–69 of 69 posts

Re: Cue is Shutting Down

#62

That'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.

I see now. So they were trying to go off of in app purchases? That's not a bad way to do it. I think the problem is monetizing a service like that WITH competitors like google now is just a hard problem in general. I could see where it would be a good idea if they had some good lockin. It was definitely worth an attempt.

Re: Cue is Shutting Down

#63
post #27

Maybe they got an NSL - sudden shutdown, all data deleted...

I thought that as well when I first read what they posted. Of course even with the NSA revelations I would have expected them to delete the data right away so maybe I am just reading too much into it.

Re: Cue is Shutting Down

#64
post #40

It'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…

Then again, it has been reported that Apple bought them.

Re: Cue is Shutting Down

#65

Sad to hear, as I had discovered them recently and was interested in the problems they were tackling. I guess this isn't a complete surprise, with their Twitter account looking inactive as of late.

Wow, not such a sad ending after all. It looks like they got acquired by Apple for between $40 million and $60 million; no wonder their shut down message on their website didn't state that they ran out of money or something. http://techcrunch.com/2013/10/03/cue-acquired-for-over-40m-l...

Re: Cue is Shutting Down

#69
post #64
post #40

It'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…

Then again, it has been reported that Apple bought them.

Yup: http://techcrunch.com/2013/10/03/cue-acquired-for-over-40m-l...
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