'They could have probably BS’d around a little longer. Among the employees let go in the recent round of layoffs were its director of developer relations, Chris Traganos, as well as several members of his team.īut contrary to recent rumors of Evernote closing off its API, the company said it's still open, and we've heard its platform integrations could get even stronger in the coming weeks. “It doesn't mean the company's going under, but it's usually one of the first things to go.”Įvernote appears to be downsizing the team in charge of the platform it provides for developers. “If someone cancels a developers conference, it’s usually a sign that there’s stress around cash management,” said Jason Lemkin, a veteran tech entrepreneur and venture investor. Last year’s conference featured celebrities like the hosts of “MythBusters” and LinkedIn cofounder Reid Hoffman.

The hosts of 'MythBusters' were invited to last year's EC4.īut perhaps the biggest savings will come from canceling its annual developers conference, called Evernote Conference, which has been held in San Francisco for the past four years. Libin quickly addressed the issue, even personally reaching out to the writer and vowing in an all-hands meeting to focus on improving “quality” that year. Instead of focusing on its core note-taking product and on converting users to the paid service, Evernote spent more time releasing a bunch of new products and features that only helped it grab news headlines, they said.įor example, in early 2014, a former TechCrunch writer published a scathing blog post hammering Evernote’s glitch-filled product. Several former employees believe a lack of focus hampered Evernote's growth. It's a sobering reality check about the business challenges that can derail even the hottest tech sensations. But most people we spoke to seem to agree that the company has failed to take advantage of its red-hot growth and make enough money from much of its huge user base - and is starting to show early signs of being an ailing unicorn. Depending on where you stand, Evernote is either a sinking ship or a maturing company going through a normal transition cycle.

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