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It's an industry with a very specific funding model for a large number of companies... a desire to tap into VC funding. In turn VC's want only one thing: to hit
by EA-3167 3y ago
It's an industry with a very specific funding model for a large number of companies... a desire to tap into VC funding. In turn VC's want only one thing: to hit the lottery. The result is a panicky, endless cycle of overpromising and underdelivering.
Everyone wants to be a new Google/Apple level success story, few want to admit that this is an increasingly mature and sometimes moribund industry.
- _heimdall 3y agoOn the startup side that's for sure, though in web development more broadly we're all just trying to ship the next site or maintain the last ones. VC funding definitely pushes a certain type of incentive on startups building dev tooling, hosting services, and frameworks. Those companies do one heck of a job convincing the devs shipping sites that we need to use the new hotness because everything else is old and busted.