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"Work for Pie, a startup for helping open-source developers get hired, today announced it will be shutting down on August 31. It is recommending its users give alternatives Coderwall and Pitchbox a try instead.\r\n\r\nWork for Pie says the reason for its difficult decision is very complicated. Nevertheless, the startup tried to break it down into four points:\r\n\r\nWork for Pie isn't generating enough revenue to allow us to continue working on it full time.\r\nWe failed to secure additional funding to support the company as we built the business.\r\nWe needed to be able to financially support our families and ultimately decided that we needed new jobs to do so.\r\nWe didn't think it was fair to our users, our clients, or especially to our new employers to continue to run Work for Pie on a part time basis.\r\n\r\n\r\nWork for Pie's two co-founders, Cliff McKinney and Brad Montgomery, thanked their investors for allowing letting them &amp;quot;try to make our dreams come true,&amp;quot; their clients for &amp;quot;taking a chance on us,&amp;quot; and its users &amp;quot;for joining, for providing feedback, and for helping us grow.&amp;quot; The duo also thanked Seed Hatchery and Start Co for getting them started and to their many friends in the Memphis community and beyond for their support.\r\n\r\nTheir announcement post is worth reading in full, but here's the most important part:\r\n\r\nWe decided back in March that we were going to spend the three remaining months of our runway giving Work for Pie everything we possibly had to try to make it a success. Some folks had already given up on us, but we truly thought we still had a shot. We worked around the clock during those months, and though the outcome wasn\u2019t successful, we can both walk away knowing that we gave it our all. To be able to say that we\u2019ve been good stewards of our investment dollars and that we\u2019ve tried our best to make things work is extremely important to us, and we\u2019re glad we\u2019re able to do so.\r\n\r\n\r\nThere's no shame in admitting you failed as long as you know you gave it your all. McKinney and Montgomery both plan to return to the working world, saying they want some stability after all the stress and uncertainty of the last two years.\r\n\r\nSee also - Work for Pie closes a $300,000 round to reinvent open-source dev recruiting and Focusing on open-source, Work for Pie is changing the way programmers are hired\r\n\r\nTop Image Credit: Dennis Wilkinson/Flickr"^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/insider/2013/08/02/developer-hiring-startup-work-for-pie-to-shut-down-on-august-31-points-users-to-coderwall-and-pitchbox/>