[dpoljak]

The reasons for closing haven't really been elaborated on, just commented on as sad and devastating; I haven't managed to glean anything more from the rest of the article.

However, it's incredible to me to keep an organization like this going for 17 years. The landscape is constantly shifting and looking back at the world and technology from 2007, and even 2014, they've survived a lot. Going down now just shows how bad the market is in reality.

[itsoktocry]

>However, it's incredible to me to keep an organization like this going for 17 years.

Exactly. Say what you want about the state-of-affairs today, imagine what the women in tech landscape looked like almost 20 years ago! I'm sure they accomplished a lot, and that's awesome.

[nashashmi]

Exactly! I consider this a mission accomplished scenario. And the lack of funding is the graceful curtain call it deserves. (imagine another curtain call filled with scandal!)

the next generation of female diversification initiatives will be more specialized aka more diversified for age, race, geography, and industry. This is good all around. Edit: And could be carried as a side hustle by existing institutions.

[netdevnet]

How is them going down related to the market? They are a non-profit.

This is pure speculation but I would imagine that they reasons for closing are likely resource related (most likely financial) as organisers and managers can be replaced

[jmull]

I would guess they get most of their funding from tech companies who support and participate in their programs.

[bell-cot]

> However, it's incredible to me to keep...

THIS. In feel-good daydreams, every nice-sounding thing lasts forever. (Generally with Imagined Good People Somewhere(tm) paying the bills.)

Vs. in the real world? - I'd guess that they outlasted >99% of tiny tech non-profits founded in 2007. And >95% of all non-profits founded then.

[tristor]

They outlasted most of the tech companies founded in 2007, not just the non-profits. The average life span of a tech startup is 5 years.