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$5 million raised for hosting? I honestly fail to understand the ways of VC despite a decade of trying to understand them.
by ilrwbwrkhv 3y ago
$5 million raised for hosting? I honestly fail to understand the ways of VC despite a decade of trying to understand them.
- lijok 3y agoHey, you know the most popular programming language in the world? They don't have a way to write web applications. If you fund us, we'll build a tool for that, tap into a huge TAM and make bank. Sounds like a pitch that would make VCs start falling over eachother
- paxys 3y agoClose, except throw "AI" in there a few dozen times. Even the example they use in the README is for calling the DALL-E API.
- conductr 3y agoThis one trick will 10x your preseed valuation
- fuzztester 3y ago>Close, except throw "AI" in there a few dozen times. Yes, and earlier it was crypto, and earlier, $foo_buzzword, and earlier, $bar_hypeword, and earlier, SAAS, and earlier, client-server, and ...
- jboy55 3y agoVC looking for an aquihire payout. I haven’t looked, but perhaps some of the team is ex-FAANG and the VC is counting on a purchase price > $5mil.
- rickette 3y agoDo aquihires go for that kind of money? I expect these to be much much lower.
- jboy55 3y agoDepends on who, I've seen an aquihire for around 7 engs with pedigree go for around 30 million. Now that company had taken on around 20m in VC and had developed a product... but that product was immediately thrown away by the acquiring company and the devs assigned to existing work.
- ZephyrBlu 3y agoThis is literally Vercel for Python, and Vercel as a company has performed extremely well so far. It's not really much of a stretch to understand why they got funding.
- RockRobotRock 3y agoI'm not sure I understand what you mean because we can already use Flask or Django in serverless functions on Vercel.
- deleted 3y ago[deleted]
- ZephyrBlu 3y agoPython on Vercel is in beta and it's not their core competency: https://vercel.com/docs/concepts/functions/serverless-functions/runtimes/python https://vercel.com/docs/concepts/functions/serverless-functi.... Vercel is synonymous with Next.js and JavaScript, not Python. Flask and Django also don't have full integration with React like Next.js (Because it's all JS) and Reflex (Feature of the framework) do. The value prop is very clear to me. Next.js is extremely popular for good reason, I see a lot of value in bringing that to the Python ecosystem as well, especially with all the Python ML SDKs.
- RockRobotRock 3y agoThank you