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Shyp is shutting down

17 点作者 mariusz331大约 7 年前

2 条评论

vlucas大约 7 年前
Link to actual article: <a href="https:&#x2F;&#x2F;www.linkedin.com&#x2F;pulse&#x2F;i-cant-wait-you-see-what-we-do-next-kevin-gibbon&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.linkedin.com&#x2F;pulse&#x2F;i-cant-wait-you-see-what-we-d...</a><p>&gt; Consumer growth slowed. People close to me and the business began to warn that chasing consumers was the wrong strategy. After all, how often do consumers ship things? I didn’t listen.<p>Looks like they should have gone B2B sooner.<p>&gt; About two years ago, we reallocated resources and shifted our focus to a more profitable customer cohort: small businesses. But, we decided to keep the popular-but-unprofitable parts of our business running, with small teams of their own behind them. This was a mistake—my mistake.<p>It also looks like they should have ceased all consumer focused activities immediately as well.
ekanes大约 7 年前
Nice writeup. Reading between the lines, while it sounds like they turned the ship late, ultimately &quot;ran out of runway&quot; means the investors gave up. Something was still fundamentally wrong, even after all the pivots.