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Re:Cover is joining Twitter by yukichan on Monday April 07, 2014 @02:03PM (#7548148)
An acquihire is not a success it's a failure, and instead of being excited, I'm sure the feeling is more like being resigned to at least having a place to go after closing the doors. It's sad too because their product is ace.
Re:Cover is joining Twitter by pvnick on Monday April 07, 2014 @02:19PM (#7548242)
You have no idea how they feel about their acquisition and to project your negativity on their situation is a mean thing to do. For all you know they could be popping champagne bottles and eating chicken wings and you're being a debbie downer.

Edit: http://i.imgur.com/ewXHcbp.jpg

Re:Cover is joining Twitter by yukichan on Monday April 07, 2014 @05:54PM (#7549828)
I don't know how they feel but if they're popping champaign bottles after abandoning their product and their users then I don't give a shit how they feel.

I do understand the situation better than most however because I've been there in a startup when the end is there and you're faced with acquisition to hire talent or closing the doors. You face it every day as time runs out and your runway shrinks. You face it a thousand times until you finally make a decision you were avoiding for a long time. It's not fun. So if these guys are happy it's probably because a weight has been lifted of their chest, not because they succeeded.

Re:Cover is joining Twitter by spigoon on Monday April 07, 2014 @06:49PM (#7550191)
Without knowing the founders' goal when they set out how can you reasonably conclude that they failed? They built a product that was enjoyed by thousands of users. I'd say they succeeded.
Re:Cover is joining Twitter by ry0ohki on Monday April 07, 2014 @02:37PM (#7548383)
There are different types of aquihires. Those that happen quickly, in which a fresh, innovative company is offered a large-to-them sum of money and cashes in their chips right away. And those that happen at the end of life of a company, when they are running out of money, and it's just a positive way to spin the failure. I guess this could be either but to me it seems to be the former, not the latter.
Re:Cover is joining Twitter by jacquesc on Monday April 07, 2014 @06:05PM (#7549911)
Yeah, it's really surprising to me since I had both my Mom and my sister independently recommend Cover to me.

I would put money on Cover being a WhatsApp success story in 3yrs. Oh well, there must have been some internal issues we don't know about.

Hope someone steps up quickly to fill the gap!