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usual caveat that fundraise announcements can happen anywhere from 1-18 months after the actual round was raised so dont read too much into the timing but also
by swyx 3y ago
usual caveat that fundraise announcements can happen anywhere from 1-18 months after the actual round was raised so dont read too much into the timing
but also linkedin says that had up to 50 employees. highly doubt they were each making like 500k/yr cash on average
- toomuchtodo 3y ago> but also linkedin says that had up to 50 employees. highly doubt they were each making like 500k/yr cash on average Cloud/servers/infra/where the bits live and move + people + misc biz expenses were assumed in my estimate.
- swyx 3y agoif they were spending that much on cloud/servers/infra they wouldnt have a revenue problem... typically
- jeremyjh 3y agoThey offered a nearly free runtime and free network ingress/egress. You’d only have to buy one $10 seat and use it for ETL to cost them a lot of money a month. No idea if anyone did that though.
- swyx 3y agomost reasonable companies have limits to prevent abuse of that stuff, in the fine print. a professional company like airplane would not let that bankrupt them, this is rookie league