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Building Dia was such a colossal mistake, and the folks running TBCNY seem to not understand. They believe they are reinventing the wheel, and every time I hear
by sniffers 1y ago
Building Dia was such a colossal mistake, and the folks running TBCNY seem to not understand. They believe they are reinventing the wheel, and every time I hear them talk I cringe.
- deleted 1y ago[deleted]
- whalesalad 1y agoSelling for over half a billion dollars sounds like zero mistakes were made.
- afavour 1y agoDoesn't mean it isn't a mistake, just means you've conned someone into thinking your mistake was a good choice.
- whalesalad 1y agoThat is 99.99999% of all things in life. Business. Sales. Dating.
- sniffers 1y agoThey talk about their product like it's the reinvention of fire. Seems awful low for that. And if they made no mistakes, surely they wouldn't need to be acquired? Surely they'd be making their own money? And there are plenty of stories of how they treat their employees that suggest there are absolutely mistakes being made.... company is a joke.
- CarbonNanotubes 1y agowhy does everything need to be about making macho bucks? Make a good product and support it long term, don't sell out just to fill your pockets
- whalesalad 1y agoWhen someone comes knocking on your door with a check for $610 million let me know if you have the restraint to say no and go back to work.
- meshugaas 1y agotheir valuation from last funding in March 2024 was $550m, sold for $610m minus cash on hand. so basically at value...agreed that it's a nice windfall for these folks but relatively bad outcome. When you're building a new browser with AI a year before the trillion dollar AI industry goes bananas for AI browsers and you end up with 600 mil, that feels like an L.
- jazzyjackson 1y agoOn the other hand, what is an AI browser supposed to enable that justifies a billion dollar valuation?
- meshugaas 1y agopreaching to the choir in absolute terms. in relative terms, if a random feature flag company can be bought for over a billion by an AI company, an AI browser company should be able to be sold for at least that much.
- Reagan_Ridley 1y agoDia was built for VC, no user will really like it.