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> Scale and Money This is too simple of an answer. By these metrics Google+ would be a success. Also, the total funding amound of DDG is 13M (see Crunchbase).
by mettamage 7y ago
> Scale and Money
This is too simple of an answer. By these metrics Google+ would be a success. Also, the total funding amound of DDG is 13M (see Crunchbase). While that is serious money, that's not series D money.
Moreover, there are counterexamples of companies that did build an app in a relatively short amount of time, kept a small team and made millions per employee. I don't know of many [1], but I think WuFoo is an interesting example, founded in 2006 while SurveyMonkey was founded in 1999. WuFoo exited for 35 million in 2011 with a team of 9, I think (there's a YC YouTube video about this somewhere).
Disclaimer: I'm an armchair quarterback.
[1] I don't know of many tech companies in general.
- astrea 7y agoGoogle+ isn't a fair counter-example. From a technical perspective, it very well could've been. The failings of Google+ was social.
- pheug 7y agoDDG is not in the index-all-the-web business. For the most part they are just serving Bing's results, that's the only reason why they operate with so little funding - it doesn't take much to operate a glorified proxy. Microsoft's footing the bills for the actual web search operation and I'm sure it's way above 13M.
- drevil-v2 7y agoWhatsApp is another example. I believe it was 13(?) employees, $16 billion exit and close to a billion users worldwide
- mettamage 7y agoYea, also pretty small scale-wise, from what I've heard.
- mrkeen 7y ago> > Scale and Money > This is too simple of an answer Writer implied necessity, not sufficiency.
- mettamage 7y agoI didn't see it, but if others did, then I stand corrected.