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My initial thoughts were that Meteor would be more widely deployed in production than Firebase would. But it also seemed like Firebase had a more obvious path
by eaurouge 14y ago
My initial thoughts were that Meteor would be more widely deployed in production than Firebase would. But it also seemed like Firebase had a more obvious path to profitability than Meteor.
Given the current VC market and the rapidly evolving landscape of (so called) real-time services, I'm surprised they raised such a small sum. I would have thought if you were going to go the VC route, you might as well go all in and raise a massive chunk.
With a (somewhat conservative) estimate of $10K a month per engineer and $1.1M to spend, a team of 8 engineers would give you a runway of just under 14 months. I think you would want more runway than that.
- patio11 14y ago$10K is not a conservative estimate for fully-loaded costs of engineers in the Valley right now. Budget $15k ~ $20k.
- eaurouge 14y agoYes, it is. What do you think a "conservative estimate" means? Here are two definitions for you: "moderate, cautious, low"[1]; "at the lower end of a range of possible numbers"[2]. 1. http://www.answers.com/topic/conservative http://www.answers.com/topic/conservative 2. http://www.definitions.net/definition/conservative http://www.definitions.net/definition/conservative
- d503 14y agoArguably if you're talking about spending money then a conservative (i.e. cautious or moderate) estimate is a high estimate.
- patio11 14y agoI was assuming the value being optimized for was runway, so a conservative estimate overshoots on probable fully-loaded cost which results in underestimating how long you have until you die. Overestimating how long until you die has more serious consequences from the perspective of, well, everyone involved.