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by _heimdall
777 days ago
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I've seen a really interesting pattern play out a few times now. A startup needs to raise money and hitches onto the latest tech stack that grabs investors' attention. The startup raises on a valuation inflated based partly on the tech stack itself, meaning enough attention isn't given to the actual product or business model. Ultimately the startup runs into money problems when they can't live up to the tech stack hype and the valuation that went with it. I saw this first hand with a startup picking Plaentscale early on. There's nothing wrong with the product and it solves certain problems really well, but I saw one particular startup grab it early because it was getting a lot of attention and completely missed that the limitations of Planet scale ran smack in the face of what the startup wanted to build. |
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