Weaveworks is shutting down
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Weaveworks is shutting down
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Re: Weaveworks is shutting down
#2https://www.weave.works/ "Operate and Manage Kubernetes easily" / "GitOps Automation for Kubernetes Stacks"
Re: Weaveworks is shutting down
#3I was following them on and off as they started around the same time I started a company in similar space and we shared an investor. Similarly, Armory.io also got sold in what seems a fire sale ($7M after raising $200M).
Goes to show how hard this space is.
Re: Weaveworks is shutting down
#4I was following them on and off as they started around the same time I started a company in similar space and we shared an investor. Similarly, Armory.io also got sold in what seems a fire sale ($7M after raising $200M). Goes to show how hard this space is.
There’s no money in DevTools. Businesses will see you as cost, not asset
Re: Weaveworks is shutting down
#5I was following them on and off as they started around the same time I started a company in similar space and we shared an investor. Similarly, Armory.io also got sold in what seems a fire sale ($7M after raising $200M). Goes to show how hard this space is.
Companies dont want to pay for specialized building blocks. Similarly we've been looking at Coralogix recently but needed synthetics. We were offered some sort of package with ur company but decided to go with Datadog instead.
Re: Weaveworks is shutting down
#6I was following them on and off as they started around the same time I started a company in similar space and we shared an investor. Similarly, Armory.io also got sold in what seems a fire sale ($7M after raising $200M). Goes to show how hard this space is.
There’s no money in DevTools. Businesses will see you as cost, not asset
It seems like you need to be doing at least part services play - product alone doesn’t cut it
Re: Weaveworks is shutting down
#7"a very promising M&A process with a larger company fell through at the 11th hour. And so we decided to shut down"
Re: Weaveworks is shutting down
#8I was following them on and off as they started around the same time I started a company in similar space and we shared an investor. Similarly, Armory.io also got sold in what seems a fire sale ($7M after raising $200M). Goes to show how hard this space is.
There’s no money in DevTools. Businesses will see you as cost, not asset
Something that requires you changing your whole dev process around it and then shuts down one day is not an asset.
Re: Weaveworks is shutting down
#9Sometime last year, they had someone cold call me from the US to sell me stuff. I’m not sure where they got my number from, but I don’t think that’s a good strategy for trying to sell B2B solutions.
Re: Weaveworks is shutting down
#10I was following them on and off as they started around the same time I started a company in similar space and we shared an investor. Similarly, Armory.io also got sold in what seems a fire sale ($7M after raising $200M). Goes to show how hard this space is.
Companies dont want to pay for specialized building blocks. Similarly we've been looking at Coralogix recently but needed synthetics. We were offered some sort of package with ur company but decided to go with Datadog instead.
All good. Just wanted to mention this was with a company I started before my current to which you are referencing.