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How come JetBrains didn't raise bazillion VC dollars, while their code completion and tools like refactoring are the best option for most popular programming la
by kozikow 8y ago
How come JetBrains didn't raise bazillion VC dollars, while their code completion and tools like refactoring are the best option for most popular programming languages?
- flipp3r 8y agoThey've even put Jetbrains' IDE at the bottom of the "Staircase of intelligence" in their little infographic... I'm not sure if developers familiar with those tools can take this company seriously (especially given what they've done previously.) I wonder what their look on say, IntelliJ, is.
- thecatspaw 8y agoMy primary experience is with Intellij, though most of their IDE's behave similarly. Im not sure what advantage I'd get with kite. Often I'd start using a class in the code, and then ask intelliJ to import it, rather than going to the top, and use the autocomplete tool. It can do patterns as well, even custom defined ones, with default values (https://www.jetbrains.com/help/idea/using-live-templates.html https://www.jetbrains.com/help/idea/using-live-templates.htm...)
- adamsmith 8y agoJetbrains has put a lot of engineering effort into building really great tools. They're really wonderful! They took more of the Atlassian path of no/low-VC and slower organic growth starting in the early 2000's, so they've had a lot of time to build the "snowball" effect.
- scotu 8y agomaybe they don't want it. VC money comes with strings attached
- petra 8y agoJetBrains are from Russia. It's harder for them to raise VC because of that.
- Drdrdrq 8y agoThey are from Prague (Czech Republic). While not SV, I can assure you they could easily find VCs there (or abroad, maybe in Russia?) if they wanted to. Not everyone's goal is to build with investors' money. Sometimes it is easier to succeed without it.
- sonnyblarney 8y ago" I can assure you they could easily find VCs there " It's not a question of 'easy or hard' it's a question of 'easier or harder'. Being in Czech definitely makes it harder, hands down. Thankfully, they are in the EU, but it's still a completely different land that many VC's might not be remotely willing to touch. Consider that very few can even read the laws. Czech startups would be limiting themselves to German and possibly Russian money in general, and it'd be harder to raise in the US. JB is a great company that might be able to 'easily' raise money, but even then there could be 'red lines' for many firms that just make investing there impossible. For example, a firm may require they re-incorporate in London or Luxembourg or something, where there are far better established commercial laws.
- kozikow 8y agoI know many European startups raising money from American VCs. Open Delaware C-corp and hire European programmers remotely. Either via consulting agreements or wholly-owned European subsidiary. Our company (tensorflight.com) did that. After fundraising with both European and American VCs, indeed the VC market in the USA is much better.
- manigandham 8y agoTheir focus is a sustainable and profitable business which does not need VC and is usually incompatible with the large exits required for investors.