Live data from Hacker News

Weaveworks is shutting down

linkedin.com

71–80 of 266 posts

Re: Weaveworks is shutting down

#71
post #64
post #4

Earlier quoted context omitted.

There’s no money in DevTools. Businesses will see you as cost, not asset

Atlassian’s market cap is $55 billion. GitLab’s market cap is $11 billion. GitHub sold for $7.5 billion in 2018. There’s money, you just have to be more than a point solution.

Wow, didn't know that about Gitlab. Here's a source[0] for that claim in case anyone else wanted to know. Seems a bit high imo but what do I know?

[0] https://www.nasdaq.com/market-activity/stocks/gtlb

More info here:

https://about.gitlab.com/press/releases/2021-10-13-gitlab-an...

https://handbook.gitlab.com/handbook/being-a-public-company/

Re: Weaveworks is shutting down

#72

Earlier quoted context omitted.

> smaller consultancies that have awesome developers that build customer tooling on the side I've worked at a couple consultancies and they were always chasing after that recurring product revenue. I grew to believe that it isn't possible under that business model. When you are running a consultancy you are in the business of marking up developer hours: find a client to sign a contract for $150 / hour and hire a cons…

I agree. Being good at running a consulting company does not translate to being good at running a product/SaaS/devtools company.

And vice versa, i know a lot of product companies that have a really shitty profesional services arm that care more about shoveling more product down a customers throat than actually helping them from a neutral PoV.

Re: Weaveworks is shutting down

#73
post #64
post #4

Earlier quoted context omitted.

There’s no money in DevTools. Businesses will see you as cost, not asset

Atlassian’s market cap is $55 billion. GitLab’s market cap is $11 billion. GitHub sold for $7.5 billion in 2018. There’s money, you just have to be more than a point solution.

Atlassian is way more than dev tooling at this point and GitHub's user count is insane.

Re: Weaveworks is shutting down

#74
post #25

Earlier quoted context omitted.

Kinda surprised anyone would still using WeaveNet as a CNI.. it was a bit of a dumpster fire: https://blog.quentin-machu.fr/2020/08/07/our-breakup-with-we...

what is the idiomatic approach these days?

EKS + AWS CNI work great and will get you pretty darn far. Scaling ceiling is really just your cidr range space. If you're bumping up against that you may be outgrowing EKS, then cillium i guess

Re: Weaveworks is shutting down

#76

I feel like the next generation of this type of company is smaller consultancies that have awesome developers that build customer tooling on the side. But the main revenue driver is consultancy. Also it really feels like all the air has been let out of the docker/kubernetes/cloud-native balloon that was so popular in the late 2010s.

> Also it really feels like all the air has been let out of the docker/kubernetes/cloud-native balloon that was so popular in the late 2010s. Not really, the space has simply grown faster than these companies could keep up with and were left behind. I can code up a CICD pipeline that does per-PR namespace isolated deploys of an app stack on EKS using Github actions in well under a week. With docker compose for local…

GitHub actions must have eaten most of the DevOps tooling market. It’s pretty good and it’s fine for the vast majority of pipelines.

Re: Weaveworks is shutting down

#78
post #25

Welp. Time to switch CNI on that k8s cluster... This is why whenever there is a choice between a grassroots open source project, and a corporate source project, I choose grassroots. When the corporation gets bored of the project (or just dies), the project dies too. Grassroots doesn't die as long as one person is still willing to merge PRs and make releases, and grassroots is much more likely to be forked and maintai…

Kinda surprised anyone would still using WeaveNet as a CNI.. it was a bit of a dumpster fire: https://blog.quentin-machu.fr/2020/08/07/our-breakup-with-we...

It has been 100% fine for me, was easiest to deploy, very easy to encrypt all network communication. Has been anything but a dumpster fire, will likely wait it out a see what happens with the plugin, rather than switch to something else.

Re: Weaveworks is shutting down

#79

> and had more than doubled the number of new product logos in 2023 That is a curious KPI.

In the B2B SaaS world, it means they're signing up new customers (e.g. including some who might have well known logos).

Outside of bizdev brotalk, isn't that called "new clients"?

Re: Weaveworks is shutting down

#80
The shutdown means great people with Cloud Native skills are available now.

People across all teams: marketing, product, engineering, dev-rel, consulting / CRE, customer success and business operations

Across the States, UK/Europe and Egypt.

If you can help these fantastic people find new roles - please get in touch!

Post reply on HN