Thursday, May 01, 2014

Stop Trusting Startups


We have some exciting news that we wanted to share with you. Loom is now officially part of Dropbox, and we couldn’t be happier to join forces!
 
As of today, we are no longer enrolling new users. Existing Loom users can continue to use our service until May 16, 2014.

When a service shuts down, it's not only bad for users.  It's bad for startups as a whole. 

 Why adopt a new service when it might not exist in a year?  Worse yet, why trust a group of people that will walk off with millions of dollars and leave you S.O.L.?  

I wonder if this-- not talent or user acquisition-- is the driving force behind some of the recent mega-buyouts.  It certainly benefits the Big Players to shake up confidence in small, independent companies.

And if you're not playing already, I encourage you to try the post-acquisition drinking game.

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