[BoorishBears]

I don't know if you're just being intentionally reductionist by doubling down on this "I can code this app in a weekend" angle when I just spent something like a hundred words explaining how that's not the point or what... but people are talking about the business here.

And it's the whole business: Not just 100M in ARR, but 100M in ARR with what burn rate and what exit that won't just be dumping a steaming pile on the public market as has flown in years past.

Maybe you're just missing the forest for the trees when these questions come up now too: We're not in 2019 anymore. It used to be that every startup with a faint pulse could justify any valuation by throwing up revenue numbers and see a successful exit at some point. Now money is tightening up and people are starting to question fundamentals again.

The comment you replied to is essentially saying: This is a sign of the times, 3B dollar valuation, ~100M ARR, likely an insane burn rate that that ARR doesn't even begin to touch

I don't know how that's even a controversial take unless your argument is "well we've seen even worse do fine" (because yeah, it did well fine in the past climate of free money)

[codegeek]

I don't necessarily disagree with the "Is Billion dollar valuation justified" thing but I originally replied to GP who said "90% of hacker news readers could build both these products in a weekend or 2".

[BoorishBears]

They started with the words "So calendly is worth billions?"...