At the risk of nitpicking, it's not like they're closing their doors. An early founder is leaving the company (which sucks) and is taking an asset with her. Beyond that the other co-founders + the hired help are sticking around, along with the company's brand mark, website, and everything else that's made them tap tap tap.
As far as selling Where To as a last resort goes, please. They were never going to euthanize their cash cow. This is a great opportunity to exit that investment -- I think it's a fair move -- but it's BS to present it like it's "the only remaining choice."
It's a time of change and I'm sure they'll cope well enough. Tap tap tap's a neat company and I'm excited to see what they put out next.
As far as selling Where To as a last resort goes, please. They were never going to euthanize their cash cow. This is a great opportunity to exit that investment -- I think it's a fair move -- but it's BS to present it like it's "the only remaining choice."
It's a time of change and I'm sure they'll cope well enough. Tap tap tap's a neat company and I'm excited to see what they put out next.