Re:Airplane acquired by Airtable and is shutting down
by morgante on Wednesday January 03, 2024 @07:25PM
(#38861614)
> Over 450,000 organizations use Airtable and over 50% of the Fortune 500 are paying customers
That’s Airtable (the acquirer) not Airplane. I’d be astonished if Airplane had anywhere near that much traction.
Re:Airplane acquired by Airtable and is shutting down
by ralmidani on Wednesday January 03, 2024 @07:34PM
(#38861682)
Airplanes don’t need traction, they need lift.
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Re:Airplane acquired by Airtable and is shutting down
by HEGalloway on Thursday January 04, 2024 @01:04AM
(#38863632)
maybe all they need is a layover?
Re:Airplane acquired by Airtable and is shutting down
by wharvle on Thursday January 04, 2024 @02:38AM
(#38864233)
The real trouble was that most of the flight crew ordered the fish.
Normally you'd expect to see some layoffs and a paring down to profitability: it is SAAS, after all, so you'd expect high gross margins that could be operated by a skeleton crew if necessary.
I'm wondering what happened here -- was Airplane gross-margins negative? Was there some fundamental issue that was unsurmountable? In my mind, it's just kind of strange for a popular and widely used, evidently saleable product to wind up burning through all their runway and then ending in what looks like an acquihire. Odd.