Hacker News new | ask | show | jobs
by devjab 920 days ago
Shutdowns are rarely sudden. Companies aren’t going to be public about their financial struggles unless they’re legally obligated to do so. I imagine that Notable have been facing the same slowing investor interest and increased interest rates that most of has for the better part of at least a year.

So it’s likely that the only sudden thing about this, is that they now failed to secure anymore money after a long struggle. Some companies may give customers a little longer to get off the sinking ship, but if you’re just looking at the cost, it probably wouldn’t make much sense to do so instead of running on fumes (and hope) for as long as possible.

Sucks for the employees though.