Path Axes 20 Percent Of Staff In A ‘Realigning Of The Company’
techcrunch.com
techcrunch.com
Path founder and CEO Dave Morin, who celebrated his 33rd birthday yesterday, has not responded to requests for comment.
Cmon Techcrunch, you should know that Path dude never answers his phone, it puts him on defense.
> "I don’t use a ring of any kind on my phone. This is so that I am always on offense and never defense." [1]
[1] http://www.vanityfair.com/culture/my-phone/2013/03/dave-mori...
They might have called his night phone this morning.
Yahoo are pretty good at paying over the odds for mutton dressed as lamb.
[Context: http://www.motherjones.com/media/2012/04/silicon-valley-brog...]
NOT EVERYONE WHO MOVES TO THE BAY AREA LIVES OR NEEDS TO LIVE IN SAN FRANCISCO. THERE ARE A PLETHORA OF OPTIONS.
Look at a map, jeesh.
- silently stole your contacts, a move so shady it prompted Apple to quickly push an OS update allowing a per-app contacts access permission, then
- used the phone numbers of your contacts to send them completely false text messages saying you'd shared (unspecified) things with them on Path in an effort to get them to sign up (even when you had done no such thing), then
- leaked your location even when you had location services disabled for Path, then
- started effectively begging for change (subscriptions) every third screen.
Good riddance.
I love the market.
As far as I can see, they have to sell Path for more than $41.2M before they make more money than $0 and that´s gonna be a tough one. I'm currently a bit above that number. ;)
I wrote about my experiences here trying to raise a seed round for an app that had considerable traction for the stage we were at http://blog.zmitri.com/startups/2013/06/14/you-need-a-millio...
Path was just well financed enough to make it this far.
Has Path ever released a data point other than total number of registered users?
[1] http://techcrunch.com/2012/02/07/path-uploads-your-iphones-a...
Then they started spamming people in your phone book, completely ruining the entire point of their original pitch. Now they seem to make money selling stickers? I'm not sure why any self-respective developer would still be working there.
I also don't think Facebook's position is unchallengeable. After all, Facebook wasn't the first social network, and it looks like the youth today aren't using Facebook nearly as much as older generations, preferring newer apps like Snapchat.
In all likelihood Path destroyed itself by being a not-very-good Facebook competitor. This says little about the feasibility of toppling Facebook.
Ugh, I tried to like it, but I just dont like Path. If I can think of a vanity startup with vanity PR, vanity founder, vanity metrics, it's Path. Ugh.
Path is just a curated set of close friends with whom I feel free to share anything. Also when it came out Path mobile app is far better than Facebook.
I don't want everyone on Facebook seeing my family photos any more than they want to be flooded with updates from a doting father.