When it was first announced there was huge hype here on HN. I myself signed up. We were all really hoping that somebody had finally solved the cross-platform development pain. I was excited to see what the platform was going to do because at my company we really do feel the pain of developing for multiple platforms. So the investment isn't a surprise to me considering a CEO with a previous exit success and all the hype.

When they launched, though, it was just lackluster and had some major rendering bugs. It felt like the air got let out of the tires and everybody just moved on. So looking at it now, it's definitely difficult to see what all the hype was about.