Bending Spoons entered definitive agreement to acquire Airtable for $1.28B

When they had this AI induced relaunch „What do you want to build“ they lost the plot.

I guess their product-market fit was always a bit shallow / broad. Airtable is powerful, and you can do so much with it, but it’s never better than the use case specific alternatives. Opaque pricing and feature gating create a lot of friction as well. Also, these „it can do anything, but you have to set it up yourself“ kinds of apps, always have it hard with true bottom up adoption.

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ChrisArchitect 3 hours ago | parent | prev | next [-]

Some more discussion: https://news.ycombinator.com/item?id=49166182

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BoorishBears 14 hours ago | parent | prev | next [-]

For those curious, peak valuation was Dec 2021: $11.7B

	▲	blerb795 14 hours ago \| parent \| next [-]
		yikes. did not realize their trajectory has been so downwards since 2021 https://en.wikipedia.org/wiki/Airtable#History
	▲	gbourne1 13 hours ago \| parent \| prev [-]
		And they had raise $1.4B across 7 funding rounds.

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mdrzn 14 hours ago | parent | prev [-]

Another soon-to-be-abandonware dead company, after being acquired by BS.

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altacc 13 hours ago | parent [-]

Yep, all Airtable staff should immediately start sending out their CVs. BS has a process: buy, butcher, enshittify, kill, repeat.

	▲	weinzierl 13 hours ago \| parent [-]
		It is more like buy, relentlessly milk to exhaustion, butcher when the victim goes dry, repeat.