28 ms·
I hope some of the people got good salaries. And maybe got some of the almost $80M raised. DataSift was proud of the money they raised. The said it made them "
by weirdsift 11y ago
I hope some of the people got good salaries. And maybe got some of the almost $80M raised.
DataSift was proud of the money they raised. The said it made them "more difficult to acquire than Gnip". I was amazed when I heard that. It sounds like they are happy they took on so much money and were moved passed by Gnip.
But it is worse, I think. For many services they require you to provide API keys. Rate limits are a problem? No! Create more API keys and give them us. Why are they not blocked? If any big service decides to block API key rotation ... game over? If we do it in-house, then we can use many proxies and pretend to be separate. Maybe.
Or maybe not. Maybe because of VC connection DataSift can rotate API keys and with impunity. Who knows?
But yes, to me it is very very risky business, but not too difficult technology. (Maybe that is why I have not had a big hit. Too little risk.)
So does HN think it is successful to raise money like them? Do the founders make more than $500K/year total from this venture?