Hacker News Reader

If these numbers are remotely true, there's either a crucial number missing or investors are utter idiots who forced this sale. Won't be surprised if it's the latter.

Assuming M&A deals take at least a few months to close, this acquisition was probably set in motion around April, when SaaS sentiment was near rock bottom and cash-flow machines like Cloudflare, Adobe, and Snowflake were getting crushed simply because Anthropic announced something.

View on HN

I think the revenues must have taken a hit or growth was getting harder, otherwise this doesn't make sense also IV is 2.25B so assuming cash went to investors + some employee equity. I don't think other than early investors and founders others made much of anything.

But if the revenues were hit this might be a home run, given AI could replace all of airtable in about a weekend e2e, but then again a competent team of 2-3 devs could have done it over a few weeks, it wasn't ever really about the product quality.

My condolences to all the Airtable users, who are about to get fleeced now, they should consider moving to anything else, even vibe coded slop might be ok.

Reply on news.ycombinator.com