[calgaryeng]

- December 22, 2016: ClusterF*ed - December 15, 2016: Reflecting on a Year of Change and What’s to Come in 2017 ("All in all, 2016 was full of tests and triumphs and I can promise that 2017 will also be a big year for the company.")

I'll be the first to admit I don't know anything about this company, but that's an interesting change of heart.

[ryao]

As a former ClusterHQ employee who had been with the company longer than our CEO, I should be able to shed some light on this. The plan was to raise round A funding two years ago (which we did) and then raise round B funding now before becoming profitable 2 to 3 years from now. Venture capitalists have become far more risk adverse. We all thought that round B funding would happen, but it fell apart at the last minute and instead of announcing round B funding, Mark announced a shutdown.

[dsp1234]

For reference, here is the post from 12/15 where the statement, " I can promise that 2017 will also be a big year for the company" was made by the CTO. Having the CTO make that statement, knowing that the company was shutting down, seems odd. Which implies it was not an orderly shutdown.

https://clusterhq.com/2016/12/15/container-predictions/

[mathattack]

And that the CTO wasn't kept in the loop.

[B1FF_PSUVM]

Or the Wotton hypothesis: "An ambassador is an honest gentleman sent to lie abroad for the good of his country."