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Weaveworks is shutting down

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Re: Weaveworks is shutting down

#91

Post by api »

propter_hoc wrote: post #83

I know this isn't the craziest startup shutdown story, but wow. At $10MM of revenue they can afford to keep a staff of 50 at a fully loaded cost per employee of $200,000. Yet, according to Linkedin they peaked at nearly 200 employees. On top of this, they appear to have raised $36 million three years ago - https://www.weave.works/press/releases/weaveworks-raises-36-... In other words they somehow were running at a lo…

Sometimes investors have no interest in anything but a large exit. So it's large exit or bust. Building something stable that grows at a reasonable pace is considered the worst outcome because it both consumes investors time/energy and delays closure of a fund. They're left holding shares that are illiquid.

It's perverse of course but it can be something baked into the structure of how VCs and other funds work.

Re: Weaveworks is shutting down

#92

Post by mfer »

aftbit wrote: post #87
slgeorge wrote: post #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!

Just in time for cloud native to lose the spotlight in favor of on-prem and AI.

Cloud native does not mean public cloud. Google uses many of these patterns to run their own datacenters.

Re: Weaveworks is shutting down

#93

Post by api »

gtirloni wrote: post #53
dilyevsky wrote: post #30

Earlier quoted context omitted.

They’re cheap until the management realizes they just spent a year (so like $300k) educating their devops how cni works and they bounced to faang or some other startup so the project needs to be scrapped or restaffed again and started over. That’s where the services come in. Also yeah it’s well known ICs view saas as direct threat so everyone tries to skip them and go directly to KDM. That’s the reason nearly all ent…

I think the comment you're replying to meant to say developers are cheap in the sense they allergic to spending money, not that their time/salary is cheap. Example: "John is a cheap bastard. He never spends any money or buys the cheapest options".

Yes that's what I meant.

I think the aversion to lock-in or recurring expense is stronger than merely an unwillingness to spend money.

Re: Weaveworks is shutting down

#94

Post by FourierEnvy »

pmig wrote: post #90

Flux for me was always superior to ArgoCD from a technical point of view, but they over the years ArgoCD became the more popular tool. I wonder if it was marketing, the missing UI or something else? But super sad to see weaveworks shutting down I hope that the open source projects will continue to evolve.

Better UI

Re: Weaveworks is shutting down

#95

Post by ushakov »

mooreds wrote: post #82
ushakov wrote: post #4

Earlier quoted context omitted.

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

> There’s no money in DevTools. MongoDB, Snyk and Auth0 might beg to differ. (I work for an Auth0 competitor.) > Businesses will see you as cost, not asset Isn't that true of any tool? How are devtools different (from a business perspective)?

The services you're describing (Databases, Security, Auth) have become commodities. This means cut throat competition. Most new players will not have enough to differentiate them from existing offerings

Re: Weaveworks is shutting down

#96

Post by alwyn »

pmig wrote: post #90

Flux for me was always superior to ArgoCD from a technical point of view, but they over the years ArgoCD became the more popular tool. I wonder if it was marketing, the missing UI or something else? But super sad to see weaveworks shutting down I hope that the open source projects will continue to evolve.

I've never used Flux, only Argo, but can you share a bit from your point of view on why you find Flux to be technically superior?

Thanks!

Re: Weaveworks is shutting down

#97

Post by ushakov »

propter_hoc wrote: post #83

I know this isn't the craziest startup shutdown story, but wow. At $10MM of revenue they can afford to keep a staff of 50 at a fully loaded cost per employee of $200,000. Yet, according to Linkedin they peaked at nearly 200 employees. On top of this, they appear to have raised $36 million three years ago - https://www.weave.works/press/releases/weaveworks-raises-36-... In other words they somehow were running at a lo…

We don't know all the details. Maybe they had high costs elsewhere or a market insight that made them re-think whether they want to be continuing to operate that business

Re: Weaveworks is shutting down

#98

Post by slgeorge »

aftbit wrote: post #87
slgeorge wrote: post #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!

Just in time for cloud native to lose the spotlight in favor of on-prem and AI.

FFS - talk about missing the point.

Re: Weaveworks is shutting down

#99

Post by nprateem »

0xbadcafebee wrote: post #19
mad_vill wrote: post #13

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.

"Air has been let out" in the sense that it's moved past the trough of disillusionment and is on its way to the plateau of productivity[1]. There are still a few people in the trough of disillusionment yelling about how a $5/month VPS is all you'll ever need, or a $50/month bare metal colocated server is all you'll ever need. But for the most part the people who benefit from cloud services & containerization will use…

Like with big data I think most orgs (>80%) just don't need it due to the extra complexity. They might as well just use something managed like fargate and go back to building their own products.

Re: Weaveworks is shutting down

#100

Post by JCharante »

xboxnolifes wrote: post #49
coding123 wrote: post #24

Earlier quoted context omitted.

The product is so good you found out about it from someone else and had to have it also... Kinda like docker or python or something. They actually had that when the first started.

So, how did the other person find out about it?

dev meetup lightning round?
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