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Didn’t Homejoy Shut Down?

(medium.com)
1121 points alokedesai | 2 comments | 28 Oct 15 19:51 UTC | HN request time: 0.601s | source
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nostromo ◴[28 Oct 15 20:31 UTC] No.10467180[source]▶
Everyone is assuming that the founders sold the company data to Fly Maids, a brand-new company nobody has ever heard of before.

It's also possible one of the founders just spun up the new service themselves and copied over all of the customer records. If so, they may want to prepare to be sued by their previous investors.

It's one thing to fail after giving it the good ol' college try, but it's another entirely to strip the copper out of the walls on your way out.

Speculation aside, they should put out a statement to clarify the relationship between the companies and what's going on with their customers' data.

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1. mc32 ◴[28 Oct 15 20:44 UTC] No.10467266[source]▶
As part of winding down they could have sold off their data to an interested party, not different from a merger, and they further could have hired some of the old team.

If someone just copied the db and then sold or gave it on the sly, investors of former unaware, then, yes, problematic. But if it was a transaction approved by the principals of the former, unfortunately, there aren't stipulations about commutability of customer data, are there?

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2. austenallred ◴[28 Oct 15 21:02 UTC] No.10467384[source]▶
They could have actually sold the entire company, so this is just a new skin on top of the old software.