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by forgotmypw17
1930 days ago
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For me as a totally uninitiated, the database appliances sounds like the lowest hanging fruit with the fewest unknown unknowns and the biggest payoff, is that correct? At what you described, for 6 months, that's about 200K USD per dev, so it would cost about 600K USD to develop the database appliances "superfeature"? Do you think this is a realistic figure? And how realistic do you think it is to get that much money together from all the users? |
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$180k base salary is appropriate but most of those people are expecting stock options as well (compare to Levels) so the fully loaded price* is closer to 300-500k/year x 3 people, so $1-1.5mm
We’ve already done most of the conceptual and architectural work for Postgres, MySQL, and mongo (and redis but not highly available). Much of that was inspired by the Manatee project at Joyent. So (though I haven’t looked at this I a while and the DBs may have changed in a way that becomes more challenging) this is probably a case of put money in, get value out.
However I can assure you you aren’t going to get even 600k out of the community.
We worked really hard to get the first 120k and twisted a lot of wrists to get there. (Of course if you know someone who wants to write 600k checks for open source stuff please have them call me)
The 1-1.5mm number is about what a standard YC company gets at demo day. So that’s the path I’d recommend. Add in another 500k for overhead and biz dev people and that’s a pretty solid startup. Honestly if we had just focused on that we would probably have got a series A.
One of the great things about open source is that you create 100x+ the amount of value that you capture. The dark side is that no one wants to contribute cash as users to make that happen (I’m thinking more of companies than individuals - lots of individuals will give a few dollars)
So, unfortunately, and as always, it’s easier to raise VC than sponsorships for open source.
That being said I strongly encourage anyone who’s interested to pick up where we left off. Either as a community project or a funded startup this would be a huge benefit to the ecosystem.
* of course you can find people who are cheaper and passionate about the project to do it for less, maybe much less. But if someone called me and said for what price can you guarantee this could be done, I’d say 1-1.5mm USD.