Mixpanel Lays Off 18 Employees • Hacker News Board

Re: Mixpanel Lays Off 18 Employees

#81

Post by zump » Sat, Jan 09, 2016, 8:50 AM UTC

boomzilla wrote: post #74

w1ntermute wrote: post #73

Earlier quoted context omitted.

From a review posted on Nov 14, 2015: > the CEO's three favorite things are talking about how much he likes to drink, comparing himself to a gangster rapper, and a juvenile lack of self-awareness Based on his LinkedIn profile, he can't be older than 30 and has never held a real job. Why exactly is someone like this running a company that has raised $77M instead of working as a junior engineer?

Shhtttt don't ask, the YC president never held a real job but that doesn't stop him from talking like he knows everything from astrophysics to socioeconomic stuff either.

Ouch.

Re: Mixpanel Lays Off 18 Employees

#82

Post by argonaut » Sat, Jan 09, 2016, 11:57 AM UTC

frik wrote: post #79

frozenport wrote: post #72

Earlier quoted context omitted.

Hey, all the numbers are redacted!!!

As I mentioned I just found the link in the venturebeat article, ask their CEO for more data. About half of the numbers are redacted, but you can see if it's a single digit or a double digit number. And you can read in the 2015/2016 plan on page 10: * 3x sales headcount and rapidly race towards distribution * Reduce sales ramp time by 30-50% via sales enablement * Double headcount every 6-9 months It doesn't add up w…

A company deviating from the plan they outlined 1-2 years ago. Shocker.

Re: Mixpanel Lays Off 18 Employees

#83

Post by iyn » Sat, Jan 09, 2016, 4:55 PM UTC

buro9 wrote: post #20

lyime wrote: post #5

Earlier quoted context omitted.

If you are doing 25,000 of fewer events, you are probably not making much money.

That's not true. When I looked at MixPanel we were already at more than 8 million page views per month and wanting to track more events than that. But as we wanted to try MixPanel, the best way was to start by sampling a small number of users and activities. As our trial of the software progressed we found we got way more value out of sampling a smaller set that we could make sense of rather than measuring everything…

Can you elaborate on the tools in a 'wider toolset'? I'm always eager to learn about new tools/services.

Re: Mixpanel Lays Off 18 Employees

#84

Post by [deleted] » Sat, Jan 09, 2016, 5:14 PM UTC

lubos wrote: post #2

MixPanel has very generous free plan and many free users. Sales people were hired to try to convert free users into paying customers. Plan failed, sales people shown the door. This is why companies need to think really hard about freemium model. In case of MixPanel, many of their free users keep adjusting so they send just enough data to stay under free plan. They are probably not going to be persuaded by sales peopl…

[deleted]

Re: Mixpanel Lays Off 18 Employees

#85

Post by wildmXranat » Sat, Jan 09, 2016, 11:11 PM UTC

I checked out mixpanel couple years ago and I couldn't get tied down to a service which didn't have a cheaper than a $150 plan. What if I find it very useful and then ran out of the free tier quota. That scenario was unacceptable and thus, we are not a client.

I already see other's comments in this thread of this very scenario. We dodged that bullet.