alt Hacker NewsSalesforce has lost half its market cap in the last ~year. Spending time and money to acquire a calendar scheduler shows just how badly they have lost the plot.
I know this is an HN meme but can someone look at https://www.getclockwise.com/overview and explain why an internal team couldn't build this in a couple of weeks? And it's not like Salesforce is lacking engineers - they employ 83,000 (!!) people globally.
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Typically when a company is acquired and the product is swiftly shut down, the value sought was the team. Although Salesforce has plenty of engineers, they may not have a team that does what the Clockwise team does.
Because the features need to be planned by product people, broken down and turned to stories in JIRA. The dev teams need to get together and play planning poker to determine who gets what story and approximately how long it should take. They need to coordinate with the DevOps and security teams in order to ensure it complies with company requirements/best practices concerning authz/authn, o11y, etc.
The good news is the company is headed into a bright and glorious future of productivity. The CEO has been completely one-shotted, and over last weekend he vibe-coded together a companywide TODO app. The submit button glitches out of existence and it authenticates any company email address without even a password, but its existence means the CEO is a dev now just like you. Token and SLOC count KPIs will be implemented next quarter.
Is the Clockwise founder mates with anyone in Salesforce?
Clockwise has thousands of companies using it already.
Buying the company gives them those customers. They shut it down presumably so they can do something with those customers they bought.
Making software is easy. Don’t kid yourself. If you’re a swe you’re an expense line item. Getting distribution is hard.
> Salesforce has lost half its market cap in the last ~year
They're also at record revenue [1].
[1] https://investor.salesforce.com/news/news-details/2026/Sales...