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Comment by bakugo | Hacker News Reader

Or more likely, they're burning cash trying to chase the AI train to no avail while their core product stagnates, which is definitely not a good thing.

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Well, clinging on something that might be dying off also doesn't sound like a sound business strategy.

If AI continues to be improving then it's reasonable to assume most people won't need a full blown IDE.

Oh, they don't need a reason to let the core product stagnate. They've been doing that for years.

The war in Ukraine and subsequent move to Czechia did seem to hurt them pretty badly, but I wouldn't say they are stagnant. I've been a happy customer of PHPStorm for years and it continues to improve.

Move to Germany.

The company has always been registered in Prague, Czechia.

They just moved the development center from St. Peterburg, Russia to Munich, Germany.

I only use their DataGrip product. Compared to the competition they are iterating at lightspeed.

That's unfair. They released plenty of fresh performance regressions

Tbf their core product is at risk by everyone and their mom having an "AI IDE" product.

If your existing, well-established product is at risk due to new, competing products that do things in radically different ways, immediately dropping your product to chase the competition from way behind is usually not the right move. Unless you have a significant moat around your ecosystem, what reason do users have to adopt your inferior copy instead of the thing you copied?

I firmly believe JetBrains would have a better chance of survival if they stopped chasing the AI hype and got back to work on their IDEs, accepting the fact that they'll have less users than before. Right now, they're completely lost.

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