The Great Bungee Jump
Well, the great Bungee Jump has come. Martin Plaehn, CEO of Bungee Labs has shared the news of the company the letting go of 15 regular employees and contractors. Unfortunately, I am among this set of affected Bungee Labs employees.
A Voyage of Discovery
As Martin explained in today's post, Bungee Labs has been on a voyage of discovery. There are many lessons for me and the company to take away from the whole experience of the last year or so, but the bottom line is that we were overly optimistic about what it takes to achieve the rate and scale of developer adoption - real traction - and therefore the development of killer apps by the developer community that would drive the platform and the business forward at the velocity that makes a VC-backed venture "interesting".
So where does Bungee Labs go from here? Well, I think Martin eluded to the key clue:
"Over the next several months, Bungee Labs will lay out the course for a business object solution framework for user configurable enterprise-class applications that demonstrate these principles"
It'll be very interesting to see how this manifests and the impetus it will provide to the platform's adoption.
No regrets, none at all. When I considered the opportunity of joining Bungee Labs (and by doing so leave a relatively safe harbor in order to do so) I knew of the risks involved. Bungee Labs' mission was - and still is - of the kind that aims to "change the world". To have been a member of the team tasked with realizing the company's hugely ambitious mission has been nothing short of an entirely worthwhile and educational pursuit.
In my mind at least, Bungee Labs has made its mark in the brave new world of cloud computing. It has opened the eyes to many in the industry about what might be and can be. It has made cloudy ideas and visions more concrete and helped to define the concepts a (Platform as a Service, or PaaS) and memes that are contributing to the next generation of cloud computing platforms.
I've learned a great deal in the past 16 months working closely with a very talented, smart and creative set of teammates. And although it is probably unfair to call out individuals - for it implies those not mentioned weren't of similar caliber (which is not the case) - I do want to thank Martin Plaehn, Bungee Labs' CEO in particular for his mentorship during my tenure at Bungee Labs' and from whom I've learned an enormous amount management and leadership. I'll also miss the inane banter with Ted in those podcasts we put together (and the "Shushee" lunches).
And so...on to my next adventure. What will that be exactly? Frankly, I have no idea yet...but whatever it is, I need to know I'll be trying to change the world :-)
I'm open to ideas...so if you have some, please get in touch.