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To save $300,000 they first needed to waste $300,000 by reinventing a problem that was solved in 1967.
by PixyMisa 7y ago
To save $300,000 they first needed to waste $300,000 by reinventing a problem that was solved in 1967.
- dwild 7y agoI don't know how many software engineer they got on that team, but considering how much they raised and how much their product is used, $300k seems actually quite cheap for something that people consider here as being an awfully big mistake.
- ubu7737 7y agoUnfortunately it never works out the way you hope it will, once the VC money shows up. ROI will become even more of a pattern for everything, which means you burn the existing platform to dust. Or you hire a team of actual engineers to turn the PoC into an actual product. My judgment tells me the management at Plaid doesn't know how to tell the difference, so it's sort of a determined outcome.