The narrative seems quite clear to me. They released the tooling and the services to become the defacto solution, and then Swarm was supposed to be the cashcow that turned that into cashflow. And then k8s happened.
They've raised a tonne of capital, and it probably looked sane at the time. And now they're grasping at straws trying to figure out how else they can turn this into revenue.
A lot of the recent narrative has been worded like pivoting into a glorified webhost was their evil plan all along. It's not, it's an act of desperation.
They've raised a tonne of capital, and it probably looked sane at the time. And now they're grasping at straws trying to figure out how else they can turn this into revenue.
A lot of the recent narrative has been worded like pivoting into a glorified webhost was their evil plan all along. It's not, it's an act of desperation.