They've raised over $16 million [0]. For a decent 3-5x return for that, they would need to have been acquired for around ~$50 million. For a team of 19 [1], thats around $2.5 million per employee for Cloudflare. Worth it? no idea
I could see Cloudflare wanting them for 50 Million. Cloudflare recent acquisitions have clearly been "buy tools with heavy lock in" and companies shipping on Void are likely heavily locked in.
Isn't their revenue just sponsorships and donations? This seems like a company destined to scrape by despite their popularity, like Tailwind. You don't get $50 million for that.
They have a cloud they already built on Cloudflare. Cloudflare probably thinks they can quickly launch that and that's locked in, steady revenue source.
But it's also possible they haven't spent much of that money.
The investors don't need to be happy. They just need to be made whole (assuming they have a minority control).
It could literally be that only $2m ever got spent and that's been paid back.
It could also be that when literally nobody said they would pay for Vite+ the investors and team in general lost confidence and were actually very happy just to get their money back and pivot into this acquisition.