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Postman was a huge success because it was lightweight and had just the right amount of features. When they took the success to their head and started taking VC
by capableweb 4y ago
Postman was a huge success because it was lightweight and had just the right amount of features. When they took the success to their head and started taking VC investment, building a API testing client was no longer enough and that's when they started putting everything and their mother into it, and they lost their moat.
To date, Postman has accepted 433,000,000 USD in funding. For a API testing tool that slowly but surely expanded in scope.
- zamnos 4y ago$433mm sounds high but then again, Calendly's raised $350mm and 1Password's raised $920mm, so maybe that's just where things are these days. Without a view of Postman's internal roadmap, we can't say for certain what their world domination plans are, and why there's been that investment (we don't know what the valuation the $433's been bought in at either). Postman Flows is pretty clearly the low/no-code future they're betting on, and given a more advanced, developer friendly interface to a Zapier-like product (a fully managed low code PaaS offering), the bridge between a low-coder+platform fees, vs sr fullstack dev+cheaper platform, theres a comparison of total costs to be done, with lower pay for a low coder + higher platform fees ending up being less than higher pay for a sr full stack dev + lower platform fees.
- paxys 4y ago> so maybe that's just where things are these days That's where things were pre-2022. Today a company of that scale asking for hundreds of millions in funding will get laughed out of the room.