Loosecubes is shutting down

Re:Loosecubes is shutting down by johnabowen on Tuesday November 13, 2012 @09:53AM (#4778236)

I agree that it’s surprising. I hope we get a postmortem; I’d like to know why they are closing the doors. Lack of traction (seems like they had some though)? Trouble monetizing?

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Re:Loosecubes is shutting down by skreech on Tuesday November 13, 2012 @10:09AM (#4778322)

Yeah, a "why" is definitely lacking. They must have had either a monetization plan or an aggressive growth plan when they raised that money, and 5 months is a short time to prove either.

Could be internal struggles or personal reasons.

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Re:Loosecubes is shutting down by otakucode on Tuesday November 13, 2012 @01:20PM (#4779570)

I'd like to know why they had 16 employees. I'm probably just overlooking something, but it doesn't seem to me that you'd need more than a handful.

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