Comment by altairprime
21 days ago
As a former enterprise person, this clearly states “exiting growth cycle into low-staffing maintenance mode”; Salesforce must have bought them to kill a price-beating competitor to multi-year Salesforce PaaS contracts, same as Okta did with Auth0. Investors are typically-majority short-sighted and only care about growth-cycle revenue, so once they reached market saturation, they were ripe and duly reaped. So long, Heroku.
You are saying the plan was to buy a "price-beating competitor", invest in them for 16 years, and then finally pull the rug out now?
First of all, you and me, start workin’ at the bank
Reminds me of https://youtu.be/T2BY8zZ1CTM?si=XDroWqVD-pElN9si
that was great!
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They’re not competition if you own them! Typepad continued for over a decade after it was purchased. Auth0 is still in maintenance mode afaik. It can last as long as revenue pays for the FTE to maintain it, or until corporate reallocated the FTE to higher revenue-per-FTE-hour opportunities.
Auth0 still has a ton of people working on it at Okta. If they’re facing execution problems, it’s not due to a lack of resources.
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Auth0 is constantly releasing new features, including a new major offering now for AI agents. Plus is still very active in the development community, with open source like OpenFGA, frameworks, contributions to standards and so much more.
Not sure where the maintenance mode is coming from...
Absolutely none of this is true. What was the PaaS Heroku was apparently beating at the time of the acquisition?
Noted. Please accept my apologies and retraction.