Monday, October 12, 2009

Calculator company shutdown!

Its not clear what Henry is doing, at least to me. I hope that he and the board have a plan.

So we buy this online calculator company after another round of funding last year. The idea was to embed this in all our applications. It basically would become a service so every application would calculate correctly. It was marginal at best, but I'm sure there were other reasons.

However, the technology was a total mismatch but their team were awesome entrepreneurs, real salt of the earth types. They were in some part of the country that most of America flies over, but they are just a few states over from my hometown. They were my brothers.

So Constantine and Iron-Mike fly out there this week and basically shoot them all. They had to have a security guard because those guys pack full on assault weapons in their trucks, just in case the Soviets invade or they see a sweet buck.

So they killed them all, apart from a couple of "keep the lights" on. Its totally bogus. What do we do with their customers? Not clear, but certainly getting features is not going to happen fast if you don't have the staff. Apparently Stacy and his team are going to re-build it at HQ and hire a new team. That's bogus, that dude has totally not delivered iPhone since I have been here. There are companies that have made a fortune and then sold themselves to Apple in a shorter period of time. I hear from one of the architects that they are going to rebuild in Rails and MySQL, that's a totally High School project tech stack. I mean that is already so last century dude! I know Stacy reads Techcrunch, always forwarding links to the "this is so cool, we have to buy/integrated with this" headline. The dude is so last year.

My heart goes out to the Calculator dudes. Great idea which they were executing on. Got screwed twice, first by getting bought and second by thinking the purchase would allow them to expand and hire. Its a shame, but another example of a poorly thought out strategy, executed by the incontinent.

I'm starting to see why we burn through cash. Sure you have to throw some spaghetti against the wall to see if its sticks. You don't need to throw the whole pasta aisle at Safeway to see if two strands stick. Some people say "scatter gun approach", I say "squirrel".

This weeks food and drink
Beer : 0 (no more official drinking!)
Shots : 14 (We just drink at our desk now, who cares)
Dinner : 0 nights (no more dinners!)
Weight : 191 lbs


No comments:

Post a Comment