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Layoffs at stealth payment startup Clinkle

41 pointsby rpledgeover 11 years ago

12 comments

minikitesover 11 years ago
I think this is their big problem:<p><a href="https://twitter.com/mrgan/status/384780273721696256" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;mrgan&#x2F;status&#x2F;384780273721696256</a><p>—&quot;I&#x27;d like to, uh… &quot;pay with clinkle.&quot;<p>—&quot;Excuse me?&quot;<p>—&quot;Uh, pay with… clinkle?&quot;<p>—&quot;Do you need the key to the restroom?&quot;<p>—&quot;Pay… with… clinkle&quot;
themoonbusover 11 years ago
Apparently the culture there is pretty poor...<p><a href="http://www.quora.com/Clinkle/What-is-it-like-to-work-at-Clinkle/answers/3579130" rel="nofollow">http:&#x2F;&#x2F;www.quora.com&#x2F;Clinkle&#x2F;What-is-it-like-to-work-at-Clin...</a>
nlhover 11 years ago
This may have no basis in reality, but I get a sense that there&#x27;s an inverse relationship between the amount of hype a &quot;stealth&quot; startup gets and how successful it is. Or at the very least, if not directly inverse, the hype factor does little to actually promote success.<p>Color, Snocap, Asana, Cuil, etc. I feel like the more hype, the more stealthy, the worse they end up doing.<p>But I know this can&#x27;t be right (or rather I hope not). Anyone have some good counter-examples (Hype =&gt; Win)?
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gfoscoover 11 years ago
When do we drop the word &quot;stealth&quot;? I think raising a noteworthy funding round and having articles on CNN are both good indicators the startup is anything but.
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thatmiddlewayover 11 years ago
Oh wow, another startup has to lay people off. Why should we care every time a volatile organization realizes that they&#x27;re not making money and can&#x27;t afford to pay people? Isn&#x27;t that the nature of working at startups?
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thebossover 11 years ago
I actually interviewed with them...if you can call it that. I saw some negative post on here about them and decided to submit my resume for the heck of it.<p>They called me that day and I talked with HR and then we set up a ``technical&#x27;&#x27; interview with one of the head-honchos who has left. That interview lasted all of 5 minutes. He basically said we will have to hire someone who can interview you and the call ended in 5 minutes.<p>I don&#x27;t have some special set of skills or anything...it was weird. Anyways...I had fun talking to people I read about in articles...
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cylinderover 11 years ago
This Clinkle thing is going to end up being one of the big laughingstocks of the current bubble after it goes down and the bubble bursts. Similar to Pets.com and Webvan and such.<p>This actually gave me a flashback to a website I had completely forgotten about. Does anyone remember FuckedCompany.com?
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laurenstillover 11 years ago
I interviewed with them a few times last month, and then HR told me they were re - evaluating their employment needs.<p>And here I thought it was something I had said. ..
tedchsover 11 years ago
Wonder if having a difficult-to-enunciate name has anything to do with their lack of success?
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justinzollarsover 11 years ago
why is this news? They are stealth
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patmcguireover 11 years ago
I&#x27;m going to be really annoyed if Clinkle winds up being a performance art project.
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billconanover 11 years ago
VCs are stupid.