Famo.us pivots, fires 20 employees

Re:Famo.us pivots, fires 20 employees by kevin_thibedeau on Friday November 06, 2015 @12:42PM (#10520701)

How did they get a hold of famous.org? Should startups be spending money on domains like that?

[ Parent | on HN ]

Re:Famo.us pivots, fires 20 employees by ksherlock on Friday November 06, 2015 @01:04PM (#10520860)

In this case, yes, they should. Assume they spent 15.5 million on their javascript framework and 15.5 million on the famous.org domain.

The domain has a value of ~$25,000 (-99.8% return on investment).

The javascript framework has a value of $0 (-100% return on investment).

[ Parent | on HN ]

Re:Famo.us pivots, fires 20 employees by prostoalex on Friday November 06, 2015 @01:48PM (#10521182)

This will fetch something to pay back the lenders and investors if the company is shut down.

[ Parent | on HN ]