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I can't find the podcast but, IIRC, Bryan Cantrill said that at one point VCs would look at GitHub stars to gauge interest in various projects in one period of
by azemetre 3y ago
I can't find the podcast but, IIRC, Bryan Cantrill said that at one point VCs would look at GitHub stars to gauge interest in various projects in one period of time. Apparently this might have been a factor Docker's rounds.
I think this was Oxide and Friends show, but I'm unsure.
Makes sense on its face, popular projects = potential money. Whether that's a good signal or not is a different discussion. I even think on the episode they mention how misguided this was, people using something might not mean there is potential for revenue if the people are using it solely because it is free and licensed appropriately.
People are just looking for patterns anywhere to justify whatever they want. I've seen npmtrends used to justify adopting certain libraries. Really makes you wonder.
- TAForObvReasons 3y agoThis is still happening today. There are multiple VC groups trawling through GitHub trending and star lists to find potential investment targets. The Shopify acquisition of Remix (https://news.ycombinator.com/item?id=33405997 https://news.ycombinator.com/item?id=33405997) established the viability of this investment strategy.
- jjice 3y agoCan confirm that it was Oxide and Friends, just heard this one the other day. Here's the episode from anyone interested: https://www.youtube.com/watch?v=l9LTJdT0sZ8 https://www.youtube.com/watch?v=l9LTJdT0sZ8