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They must be having some sort of decent traction to close these rounds, so that means that they have a strong use case. But honestly, I fail to understand what'

They must be having some sort of decent traction to close these rounds, so that means that they have a strong use case. But honestly, I fail to understand what's that use case. What kind of value do you get from an isolated code review from someone who is totally not familiarized with your business logic or your code base? Can someone here explain what would be a potential use case for this service?

koolba 9y ago
I have no firsthand knowledge on them in particular, but I know that large financial institutions are sorely lacking in this department. If they can pay someone and get something in return then it’s a net win. It doesn’t have to be great. Just enough that an exec can justify a line on a PowerPoint for “N bugs eliminated”. Combine that with nose bleed pricing for said big banks and this would be a cash cow.
- poulsbohemian 9y ago
  But see that's the crazy irony... I guarantee you those large financial institutions used to have teams for this kind of thing, then decided they were a bottleneck and too costly, so they offshored the work or got rid of the function altogether. So they reap what they sow.
  - hyperpallium 9y ago
    Annual license would be far less than the total cost of employing that team (roughly 2x salary). Welcome to AI redundancy.
- sheeshkebab 9y ago
  Big financial institutions would have the least of interest of giving this kind of access to source code for reviews by who knows who from some cloud service.
carterehsmith 9y ago
> They must be having some sort of decent traction to close these rounds, so that means that they have a strong use case. Hard to tell. Closing rounds is not a guarantee of anything. VC model is to throw shit against the wall and see what sticks. The model is sound. So, say, Juicero took $150M and did not stick. But Dropbox did stick. It will hopefully pay for all Juiceros and other failed investments, and then some.

koolba 9y ago

I have no firsthand knowledge on them in particular, but I know that large financial institutions are sorely lacking in this department. If they can pay someone and get something in return then it’s a net win. It doesn’t have to be great. Just enough that an exec can justify a line on a PowerPoint for “N bugs eliminated”. Combine that with nose bleed pricing for said big banks and this would be a cash cow.

poulsbohemian 9y ago
But see that's the crazy irony... I guarantee you those large financial institutions used to have teams for this kind of thing, then decided they were a bottleneck and too costly, so they offshored the work or got rid of the function altogether. So they reap what they sow.
- hyperpallium 9y ago
  Annual license would be far less than the total cost of employing that team (roughly 2x salary). Welcome to AI redundancy.
sheeshkebab 9y ago
Big financial institutions would have the least of interest of giving this kind of access to source code for reviews by who knows who from some cloud service.

carterehsmith 9y ago

> They must be having some sort of decent traction to close these rounds, so that means that they have a strong use case. Hard to tell. Closing rounds is not a guarantee of anything. VC model is to throw shit against the wall and see what sticks. The model is sound. So, say, Juicero took $150M and did not stick. But Dropbox did stick. It will hopefully pay for all Juiceros and other failed investments, and then some.