New ask Hacker News story: Ask HN: Snap is killing Zenly, firing team, why cant team just make it again?

Ask HN: Snap is killing Zenly, firing team, why cant team just make it again?
2 by bruceb | 0 comments on Hacker News.
This might be a dumb question but I am going to ask it anyway. SNAP is killing Zenly and apparently firing the whole team in Paris . SNAP acquired Zenly for $250-350m in 2017*. Zenly seems to be doing pretty well in different markets including Japan. Why can't the team just remake it with a new name? I realize they would have to be self supporting for a little while, but I assume most/all the employees have severance. Would a VC found this? For the engineers, if it doesn't work out, they will most likely not have a problem getting a job. What are the downsides/obstacles to doing this? Sources: https://twitter.com/GergelyOrosz/status/1564986820999405568 *https://ift.tt/IN8sU3d

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