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by evaneykelen
5081 days ago
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The obvious question which comes to mind is? How is Matrix Partners going to get a solid return on this investment? Is (the company behind) Meteor going to follow the Red Hat route? Or are they going to license the platform to developers for a fee (i.e. the Sencha model)? Although I'm impressed by anyone who lands a major VC deal, I simply don't understand why $11.2 million is needed to build out a development framework. Red Hat started selling consulting services (among other services and products) well after Linux was well entrenched in the market. The same goes for Sencha (a combination of Ext JS, jQTouch and Raphaƫl). I.e. the products were proven, the time was right to start offering paid-for services around these products. It's a sincere question, not being cynical, it's a great deal for the folks behind Meteor. It just doesn't make business sense to me from an investor point of view. |
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