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Gondolinian comments on Open Thread, May 25 - May 31, 2015 - Less Wrong Discussion

3 Post author: Gondolinian 25 May 2015 12:00AM

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Comment author: Gondolinian 25 May 2015 12:05:50PM *  11 points [-]

It appears that MetaMed has gone out of business. Wikipedia uses the past tense "was" in their page for MetaMed, and provides this as a source for it.

Key quote from the article:

Tallinn learned the importance of feedback loops himself the hard way, after seeing the demise of one of his startups, medical consulting firm Metamed.

Comment author: Larks 25 May 2015 06:05:15PM 8 points [-]

It would be nice if people were open when their startups close, especially when previously advertised on LW, so we can learn from mistakes. Or is there some reason to not admit a startup has failed?

Comment author: ChristianKl 25 May 2015 06:55:53PM 3 points [-]

Or is there some reason to not admit a startup has failed?

Maybe the bankruptcy proceedings aren't yet through. A bunch of the MetaMed people are still listed as MetaMed on their LinkedIn accounts.

Comment author: Larks 25 May 2015 08:29:32PM 2 points [-]

Interesting idea. Could you explain why that would make them wary about disclosure? Maybe they're trying to sell the brand?

Comment author: ChristianKl 26 May 2015 04:58:12PM 1 point [-]

I don't have concrete information about the state of MetaMed that goes beyond publically available information.

Comment author: Larks 27 May 2015 01:16:01AM 1 point [-]

Yeah, sorry, I meant 'do you know why startups in general would be shy about disclosing their closing?'

Comment author: ChristianKl 27 May 2015 12:20:06PM 0 points [-]

Bankruptcy proceedings aren't yet through. The employees haven't yet moved on to new jobs.

The time to a post-mortem is after those things.