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If Ramp is getting all the business, is there any reason to think they wouldn't command a much higher valuation? Brex killed a ton of their customer relationsh
by echelon 10mo ago
If Ramp is getting all the business, is there any reason to think they wouldn't command a much higher valuation?
Brex killed a ton of their customer relationships to "refocus" on larger biz. That created a lot of negative sentiment for the brand.
> All Ramp did was spend more on ads and marketing
That's distribution. It matters.
Ramp has a much more synonymous name, better recognition, and less bad reputation.
- another_twist 10mo agoDistribution is king. Kudos to Ramp for that. My weird thesis is that for whatever reason Ruby on Rails shops just seem to survive more. I wonder if someone did a stack specific survival rate analysis.
- okhobb 10mo agoPretty sure Ramp uses Elixir.
- deleted 10mo ago[deleted]
- another_twist 10mo agothe Ruby on Rails of Erlang, I guess. Maybe we just generalize the thesis to - the stack must be the ruby on rails of X language.
- okhobb 9mo agoI'll give that and agree the underlying is a quibble.
- krrishd 10mo agoRamp is (mostly) a Flask monolith with some sprinkles of Elixir at the very edges where sub-second performance matters.
- srpablo 9mo agoRamp is mostly their Python monolith. They have a blog post about their use of Elixir for one service but it's really not their core stack. Brex was a lot more all-in on Elixir, including being one of the languages "stars," but moved to a more conventional stack (IIRC Java/Drop wizard microservices with Kafka to talk between them).