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In the first tech bubble, yahoo was making tons of money from ads placed by other startups, who pumped VC money into ads, and VCs spent money liberally since th
by chillacy 8y ago
In the first tech bubble, yahoo was making tons of money from ads placed by other startups, who pumped VC money into ads, and VCs spent money liberally since they saw huge returns on yahoo. The whole thing was cyclical.
If Pagerduty makes their money from startup VC money, could a similar thing be happening here?
- skrebbel 8y agoTheir homepage gives one absolutely no idea what they do or what it's for, so I strongly doubt they make the most of their money from startups. Just to illustrate, here's the subheadline from a random company that sells a lot to startups (guess who): Modern products for sales, marketing and support to connect with customers and grow faster. And now the Pagerduty subheadline: Resolve and Prevent Business—Impacting Incidents Quickly for Improved MTTA and MTTR I mean, seriously, "Prevent Business"? Why would you want to prevent business? This stuff is the insanity of million dollar contracts. (also they wear suits)
- throwaway2223 8y agoRead carefully – the tagline is Resolve and Prevent Business-Impacting Incidents... Also, the website seems pretty straightforward: if something bad happens on the servers, PagerDuty helps notify the right person to resolve it.
- skrebbel 8y agoThanks. I had genuinely misread that em dash as, well, an em dash. I hadn't seen that you could it like a single word, which is obviously how it was meant. Edited. Still, the difference is enormous. Your explanation is so much better. Eg you used words like "servers" and "something bad" and "notify the right person". I still maintain that their landing page scares startup founders away and that we can safely deduct they don't make the majority of their money from VC funded companies.