Noteable.io is shutting down(community.noteable.io) |
Noteable.io is shutting down(community.noteable.io) |
To me, it only communicates that the issues were embarrassing, inconvenient, or otherwise do not shine a good light.
Am I reading too much into this, or does this kind of pithy announcement usually hide skeletons? Genuinely curious here.
> Am I reading too much into this, or does this kind of pithy announcement usually hide skeletons? Genuinely curious here.
This line of thinking bothers me. It reads as if you feel like you're owed something from the company. Why does it matter?
If it's fundraising issues, lack of product market fit, founder disputes, team member stole the entire bank account, the end result is the same. They can't run the business. As long as there's a clear message and a path to EOL for active customers, what possible reason could help?
To me, it actually highlights the praise of the team and the products they built together instead of focusing on the details of why they're no longer operable. And reading the other threads here, they did a great job but there simply wasn't large enough captive market.
You paid them money and trusted them with your data. Any usage on your part is an investment in the company. Of course you would feel entitled to know why they are ceasing effective immediately
It matters a lot if the team goes on to found some other product that will go away in 3 years.
A business can fail just because it’s the wrong time or they were unlucky or many other reasons. If the issues were embarrassing? They don’t owe you those details.
It would be nice to know why some businesses succeed while others fail. If I knew that I guess I would be rich.
- this is a very difficult time emotionally for the author, so they aren’t thinking entirely rationally
- the author is exhausted
- the author is ashamed/embarrassed about having lost money for all their friends and family
- they don’t want to expose themselves to liability
- the message was vetted by a risk averse lawyer, aka a lawyer
- the message has to satisfy a bunch of different audiences, so it is generic
- it is almost an afterthought amongst all the other stuff that has to get done shutting down the business
And most importantly, they may not explain why the business failed because they don’t really know. If they knew why they didn’t find product market fit, the business wouldn’t have failed.
Ouch, that's not a landing it's a crash.
I'm imagining something like an GPT-4 agent that has connections to your Databricks, Snowflake, Salesforce, etc.
You ask it a question and then it iteratively queries your data and produces some an answer/some code/ a graph. Or it generates a plan that you can edit a bit and then it executes.
That sounds like it would be pretty useful copilot for me? I'm not very familiar with the intricacies of analytics work though.
[1] https://twitter.com/KyleRayKelley/status/1727430546354233763
Most of the world would that interpret as 1st May 2024, some parts of the world might call it 1st January 2024. It's not entirely clear what's meant here.
So it’s likely that the only sudden thing about this, is that they now failed to secure anymore money after a long struggle. Some companies may give customers a little longer to get off the sinking ship, but if you’re just looking at the cost, it probably wouldn’t make much sense to do so instead of running on fumes (and hope) for as long as possible.
Sucks for the employees though.
This is why I love SaaS based of Open Source projects a lot - even if things do not work out and company has to shut down, customers may have more options.
https://www.reddit.com/r/ChatGPTPro/comments/18jbj32/does_an...
TLDR: market conditions not conducive to their business at this time. (Ed: founding team probably wants to quickly pivot to something else, not take the time to for a sale)
For folks impacted, we've been pursuing a similar-but-different product & technology vision for making data analysis easier, and may have relevant openings for specific staff:
* Graphistry side - visual graph AI: connecting GPUs in the cloud to GPUs in the browser, automating data science for tricky data, ... . We helped make Apache Arrow a thing by bringing it to the web for most new visual analytic frameworks, helped start the GPU data frame movement (led to Nvidia RAPIDS), and are on the next generation of technologies here (GNNs, another 100X in viz scale, ...) and use cases (global supply chains, cybersecurity, finance, misinfo, fraud ...) . Biggest opening in WebGL/infoviz, and then in AI / security / federal solutions.
* New - Louie.AI conversational analytics platform: Flipping the data analysis default from Python/SQL/etc in today's notebooks => natural language for the default case . Basically making it so anyone can use all the cool stuff above, with early customers again in supply chain, fraud, cyber, gov disaster management, etc. Openings on core team, GIS, AI solutions, marketing, etc, mix of part-time & full-time
More info @ https://www.graphistry.com/careers , and easiest is to just chat
How a service with such a wonderful home page suddenly die?
This is why we can’t have good things.
You follow team members' track records and avoid products based on who is there?
Just trying to point out how unrealistic this logic actually plays out. It seems like in general, you'll want to avoid startups or companies less than 5 years old.
I avoid doing business with startup founded by a majority team of a failed startup.
Docker is different: it has a name already so it can bleed a lot of money (à la Twitter while it was a public company) and there is generally a significant holding in large enterprises. I'm guessing that Notable didn't have significant notable enterprises using it that will make investors more relaxed with their red sheets.
September, 2023 -- Notable.io announces one of its primary investors is pulling out.
October, 2023 -- Notable.io announces it failed to raise as much as it hoped for in its latest fundraising round.
November, 2023 -- Notable.io announces "Oh uh, we're running out of money. Someone come invest in us, quick!"
December, 2023 -- Notable.io is shutting down.
If you put money in the bank, do you expect to get it back?
Going with the Steelman path - This is true if I sincerely believed in the company, likely promoted them to others, and was emotionally invested. I definitely would want one. As a shareholder, I would demand one.
Anyway, based on the OP's tone of this thread, I doubt they were emotionally invested let alone a paying customer - but assumptions.
They said the explanation is suspicious. That doesn't mean they feel like they are personally owed an explanation.
Uh-huh
I’m not owed explanation if my local gas station closes down and I bought a tank of gas from them the day before.
Even if you don't owe me any explanation, if you freely give me a bad one I'm allowed to say there's something weird going on. Especially if you chose to make a fully public post about it.
Read the comment again. "perplexed" "It only communicates" "Am I reading too much into this" "curious". I don't see any implication of being owed more. It's a criticism that the post is not leaving the message that is intended.
It's not the same, but it reminds me of the quote: My "Not involved in human trafficking" T-shirt has people asking a lot of questions already answered by my shirt.
That's what we're talking about here, not forcing them to stay up somehow.