3 ms·
I've read it. Completely agree about RethinkDB specifically, who raised VC capital on the order of $12M. A cloud hosted solution is a very tough business, with
by nodesocket 9y ago
I've read it. Completely agree about RethinkDB specifically, who raised VC capital on the order of $12M. A cloud hosted solution is a very tough business, with thin margins when you have dozens of employees, $15-$25k a month bay area rent, and very high overhead. The numbers don't add up and not the return investors are looking for.
Though, if you're bootstrapping with your own capital and grow it to something like $10K or $20K a month in MRR, that's a win. I'm all about bootstrapping SaaS companies and growing recurring revenue.