Reading about Airplane’s failure per OnlyCFO. A few notable quotes:
Airplane’s shutdown and future shutdowns like this will have negative consequences for many early stage companies. For many years buyers of these tools haven’t had to deal with a tool being abruptly killed. It only takes this happening once for you to really second guess purchasing a startup tool that is mission critical, deeply integrated, or would take a long time to replace.
Also:
This chart is misleading for a few reasons:
- What’s the denominator?
- What’s the denominator…
- Denomi…
As Carta grows, their user base grows, their churn rate grows.
I’m also concerned for Carta’s investors. If they’ve got this many churning users, I’d really like to know the denominator.
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Bryan lives somewhere at the intersection of faith, fatherhood, and futurism and writes about tech, books, Christianity, gratitude, and whatever’s on his mind. If you liked reading, perhaps you’ll also like subscribing: