Airtable Didn’t Die From AI. It Died From the 2021 SaaS Lie.
Airtable just sold to Bending Spoons for $1.3 billionโan 88% drop from its 2021 peak of $11 billion. Most blame AI for the collapse, but the truth is darker. Airtable failed to build a moat, proving that in today’s market, even beloved products are just distressed assets waiting to be cherry-picked.