Famo.us pivots, fires 20 employees
techcrunch.com
Famo.us pivots, fires 20 employees
1–10 of 154 posts
Re: Famo.us pivots, fires 20 employees
#2I am quite baffled by all this. I heard of Famo.us, but didn't give it more than 1 thought. I thought it was just another framework, I would have never thought that they had employees, let alone that many and raising that much money.
I watched the video in the article, and I can't believe that people are throwing money at someone with a pitch like that.
I feel like everything about Famo.us is all the wrong things that were described in the Reconsider article that was posted the other day https://medium.com/@dhh/reconsider-41adf356857f
Re: Famo.us pivots, fires 20 employees
#3> What makes our product offering unique is that our apps can be built without coding
Oooh... that's going to be a tough argument to sell to people.
Re: Famo.us pivots, fires 20 employees
#4> What makes our product offering unique is that our apps can be built without coding Oooh... that's going to be a tough argument to sell to people.
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Re: Famo.us pivots, fires 20 employees
#5Back when this got released, I thought "there's no way this is going to work". It was just too slow while hardly doing anything impressive. And it was billed as if it is actually faster than doing things normal way.
Re: Famo.us pivots, fires 20 employees
#6Famo.us to me was always a platform/framework or even a language more than it was a product or service.
I have no idea how they could have raised $31M on that.
This could have been an amazing framework built by the open source community instead it's now just another growth before revenue scheme that went wrong.
Sad.
Re: Famo.us pivots, fires 20 employees
#7They always seemed so smug about themselves and their lackluster product. I'm not the least bit surprised. I wish them the best though.
Re: Famo.us pivots, fires 20 employees
#8It kinda looks like he somehow made $31M selling "mystery boxes"....
Re: Famo.us pivots, fires 20 employees
#9Famo.us to me was always a platform/framework or even a language more than it was a product or service. I have no idea how they could have raised $31M on that. This could have been an amazing framework built by the open source community instead it's now just another growth before revenue scheme that went wrong. Sad.
Famo.us founder was a Powerset co-founder, which had an highly successful exit to Microsoft. This pattern often explains generous funding of outlandish ideas.
Re: Famo.us pivots, fires 20 employees
#10I am quite baffled by all this. I heard of Famo.us, but didn't give it more than 1 thought. I thought it was just another framework, I would have never thought that they had employees, let alone that many and raising that much money. I watched the video in the article, and I can't believe that people are throwing money at someone with a pitch like that. I feel like everything about Famo.us is all the wrong things tha…
3D GUIs are a lot like graphical programming. Just a giant black hole that has been sucking up research and investment money for 30 years without much to show.
You do get some neat demos, but not a lot else.