Google, Spacex, several startups are all doing this. The best people in their fields think it might be viable. I'm skeptical as well, but you do wonder if maybe they are right and how exciting that would be.
Everyone else is announcing initiatives to investigate the feasibility of this because earthlings currently hate the data center build out. The news is full of anti-DC stories about how much electricity/water they're using. They're selling a story.
Back in the days, I did the first 2m in ARR at Stream myself, it was kinda hard :)
Nice to have a team in place these days, but I still show up for the largest deals to support the team as needed. (140 person company, i think this always stays part of the founder tasks)
Why do you start a startup? Is it to build an idea you believe in and believe it is potentially lucrative or is it so you can go through the motions, say the trendy things, and get outcompeted because in the end you are primarily focused on getting acquired with a 1B exit?
Spoken like someone who has never started a business. Brex raised much less than $5b and Capital One apparently thinks it is worth more than that (otherwise they wouldn’t buy it).
Definitely. No company has ever overpaid for another company. No fraud or FOMO-driven overvaluation has ever occurred in an acquisition. And all acquisitions have always turned out for the best. It's all 100% pure value creation.
Oh wow, I don't even know where to begin with that.
Like, the world economy can't continue to function even if acquisitions were only 80% value creation on average? Or does the entire world economy depend on companies acquiring other companies with 100% value creation on average, such that it continuing to function logically implies 100% average value creation?
Definitely. And some random guy on HN knows the value of Brex to Capital One better than Capital One does.
Brex can be worth $5b today and also be worth less in the future. These two realities don’t conflict. Acquisitions can and do end poorly. But the vast majority work well. I am not sure what you don’t understand about that?
10 years ago we started out with Python. We switched to Go probably 8 years back. I think my little startup would have utterly failed without Go. Thx google :)
But yes Enums are so much nicer in Kotlin vs Go. That's true, it doesn't impact productivity much, but he has a point.
I think some pythonistas maybe got their feeling hurt by your comment causing it to grey out.
Over the last 25 years in the SaaS world, I have never seen python evolve into a system that is easy to reason about and debug. It lets you do too many things. In over 30 cases, I have seen teams deliver better software faster in Go after replacing their Python.
Well.. there are many fast growing companies that provide UI + APIs for certain components of your app. Sure you can build things easier in-house, but the opportunity cost of doing so also went up. Supabase, Stream, Clerk, Stainless all growing very well.
reply