Comment by Aurornis

It’s not really that simple. Read some of the accounts of the conference from recent years. The conference was falling apart even when companies were sponsoring it. I don’t know about last year’s conference but before that there were a lot of bad experiences and reports that it was turning into more of a job fair than tech conference, but even that wasn’t going well.

It was also getting very expensive. When a conference has a long list of sponsors and tickets also start at $600 minimum, it’s hard to keep that going in a year like this when everyone is dealing with large token spend budgets.

They likely could have survived with a right-sized event but they aimed higher than their budget allowed and hoped the money would appear at the last minute. It did not.