Evernote was two weeks away from bankruptcy in 2008(arcticstartup.com)
arcticstartup.com
Evernote was two weeks away from bankruptcy in 2008
http://www.arcticstartup.com/2012/05/04/from-brink-of-bankruptcy-towards-an-ipo-the-evernote-story
3 comments
Not hard to believe really. Surprised they are still around at times.
Seems like a pretty useful service... Why are you surprised they are still around?
I assume the grandparent post is referring to the staggering amount of cash they've been burning. (personally: who am I to judge - they've clearly convinced investors they're on the right track)
Yes, pretty much it. Useful service yes, but one that doesn't seem to add up as far as those who actually use it enough to make them a profit versus how much money they seem to spend on their service.
I love evernote, but am I the only one who feels like it's incredibly slow sometimes? Any hackers out there know how to speed it up at all?
I like the part where the Swedish investor stepped up for a product he cared about, took the risk, and will likely reap the reward after the IPO. Great story. Almost an eBay-pez worthy story, but real.