2xARR is extremely low, I'd like to know why they sold. After being valued at 17B selling for close to ~2B is interesting.
Like Airtable - they probably started seeing revenue growth/acceleration plummeting due to vibecoding being able to replace the product and are pulling plug early instead of letting it grind out to 0.
alt Hacker News
Like Airtable - they probably started seeing revenue growth/acceleration plummeting due to vibecoding being able to replace the product and are pulling plug early instead of letting it grind out to 0.