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Loosecubes is shutting down

43 pointsby zaisteover 12 years ago

13 comments

nlhover 12 years ago
Disappointing! I just signed up a few weeks ago and have happily used Loosecubes several times to find some great coworking spaces. They introduced me to the good folks at PARISOMA in SF and Buro in Miami.<p>So sorry to hear about this. Of course, I didn't pay them anything for those intros (and I would have, btw) but I imagine that in general has something to do with their decision to close up shop.<p>I'd be interested to learn a few things: 1. What was the story behind their (hoped?) business model, and why did they decide to close the doors? 2. I wonder if someone will pick up the mantle where they left off -- perhaps not at the same scale -- but there is absolutely a need for this sort of coworking directory.<p>Perhaps a side-project-in-waiting for someone...?
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ahcover 12 years ago
What a shame... I really loved their service. Also, quite surprising given they raised a pretty big Series A just a few months ago. <a href="http://techcrunch.com/2012/06/05/loosecubes-series-a/" rel="nofollow">http://techcrunch.com/2012/06/05/loosecubes-series-a/</a>
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rwhitmanover 12 years ago
So sad to hear this. Everyone should take a spin through their product and marketing screens before they close up shop, the design is a real work of art.<p>I had some time to sit down with Campbell a few times when she was just launching the company - so much positive energy and a real dedication to community building<p>Sadly I think it may have just been a little ahead of its time...
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web64over 12 years ago
If they got $7.8M in June then they must have more money in the bank, so does this mean they are going to pivot?
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ALeeover 12 years ago
I'm quite surprised this happened. I recently used their services in NYC for the first time. There was a lot they could have done to increase growth for their service and to optimize for revenue. I would have paid money for the service (and I rarely pay for any services), but alas, I don't think they're able to do that.<p>It is possible that their price tests just didn't yield a very high margin for them, which is essential in these AirBnB type of companies.
subpixelover 12 years ago
Sorry to hear this, but in my experience, coworking spaces are able to manage their own marketing (web) and payment (square) systems, rendering the LC discovery/reservation/transaction model a tenuous one.<p>On top of that, I think there's just less demand for short-term, drop-in work space than LC seems to be predicated upon.<p>I'm sure LC learned a ton of valuable lessons and I hope they'll share.
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coworfingover 12 years ago
As a more open alternative (we're open source and trying to build a common listing of places), I'm wondering what will Loosecubes team do with their db &#38; their code. Moreover, I'm sure they know and understood many things that would help everyone if shared.
ryankalsover 12 years ago
Really sad to hear them closing up shop! I used Loosecubes a few times to find space at TheAlley in midtown. Perhaps they had trouble monetizing? They certainly had loyal regulars such as myself posting reviews... shocking to hear they went under.
manjupapaover 12 years ago
Currently looks like the largest platform for shared workspaces is ShareDesk <a href="http://www.sharedesk.net/" rel="nofollow">http://www.sharedesk.net/</a><p>It says they have over 950 priorities and they have a very impressive UI.
haberdasherover 12 years ago
Is there any kind of service that broadcasts just that you're working on a project and that there's space to sit nearby, whether it's your apartment or a cafe?
morewillieover 12 years ago
Sad to hear this. The Loosecubes team was always amazingly friendly and helpful. They built a beautiful service, it's a shame to see it shuttered.
karakurtover 12 years ago
why? :'-(
bravoyankeeover 12 years ago
Interesting how a startup can be a success (like loosecubes) yet still fail.<p>All the best to those involved.