The market's already proven by the company that was just bought. The company that was just bought is being shut down meaning 1) no market leader, 2) less competition in the market, 3) a bunch of paying users are going to be looking for the same exact same product to pay for.
Seems like the perfect opportunity for someone to create a startup to replace the one that was just bought.
You also have to think though, if it was going so well they wouldn't have sold in a talent acquisition but continued for a far better payoff later on.
This service looks like a great deal of time and polish has gone into it, replicating it would not be easy. It's also a very competitive space, sure this service takes a slightly different take on it but the file uploads area is pretty saturated.
> You also have to think though, if it was going so well they wouldn't have sold in a talent acquisition but continued for a far better payoff later on.
Not necessarily. In an environment like Facebook it may be possible to leverage their talents to achieve results that would have taken far longer if they were independent.