Hacker News new | ask | show | jobs
by loeber 898 days ago
I don't get it. According to the blogpost, 450,000 organizations use Airplane, and over 50% of Fortune 500s are paying customers? Okay, that suggests a viable business. And then they're shutting down?

Normally you'd expect to see some layoffs and a paring down to profitability: it is SAAS, after all, so you'd expect high gross margins that could be operated by a skeleton crew if necessary.

I'm wondering what happened here -- was Airplane gross-margins negative? Was there some fundamental issue that was unsurmountable? In my mind, it's just kind of strange for a popular and widely used, evidently saleable product to wind up burning through all their runway and then ending in what looks like an acquihire. Odd.

1 comments

> Over 450,000 organizations use Airtable and over 50% of the Fortune 500 are paying customers

That’s Airtable (the acquirer) not Airplane. I’d be astonished if Airplane had anywhere near that much traction.

Airplanes don’t need traction, they need lift.
They also need a runway, which they don't.
maybe all they need is a layover?
The real trouble was that most of the flight crew ordered the fish.
Looks like I picked the wrong week to quit sniffing glue.
Oops :facepalm:. If only I could read...