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by tsmash 4266 days ago
Wait, MeteorJS was funded? I'm starting to think investors are strangely out of touch with the projects they throw money at. Famo.us is the one that stands out the most to me; I have no idea how they got funding or were able to pay employees. Now Famo.us is open source, like it should have always started as, with nowhere to go for investors. Meteor seems like a similar thing, a web framework of sorts with no concrete way to monetize, also in a very weird niche space (Famo.us for people who think they can get away with not making native apps, Meteor for people who think they can get away with undocumented voodoo in their web development). Now Meteor somehow has enough money to purchase a database company? It seems like the only exit they could have is sell their souls to enterprise. Look at Django, which is a complete, robust, mature framework compared to Meteor's collection of magic. Django is a non-profit entity, which makes sense for this type of software. We've all built a web framework or animation library in our spare time, since when did investors start dishing out cash thinking these things were monetizeable?

To me this just smells of bubble, of too much money for too small projects / markets. Of course Meteor could start expanding to new products and do something unrelated to an MVC framework, but there's no mention of that right now.

6 comments

> Of course Meteor could start expanding to new products and do something unrelated to an MVC framework, but there's no mention of that right now.

Visit http://meteor.com/about and you will find this:

> [...] a new platform for cloud applications that will become as ubiquitous as previous platforms such as Unix, HTTP, and the relational database.

Meteor is not "an MVC framework", it is a platform for creating applications. The investment seems to reflect the ambition described on this page and after having watched them execute over the past two years, I'm glad they're funded, because it clearly enabled them to continue working on this without running out of steam and having to go back to their old jobs.

They have also been quite open about their future plans for making money, such as in the post announcing their funding back in 2012: https://www.meteor.com/blog/2012/07/25/meteors-new-112-milli...

> Eventually, we plan to make a commercial product too, called Galaxy. Galaxy will be a product that the operations department at a large company might buy. It'll be an enterprise-grade, multi-tenant hosting environment for Meteor apps.

The success of this future plateform obviously depends on the success of their core product.
It's pretty obvious you haven't even bothered to do any research. Famo.us doesn't have a particularly good product, but it totally makes sense why they've been able to get funding - one of the cofounders of Famous sold a company for $100M. So to any VC it's a no-brainer to invest in him again.

Meteor has some really really smart people working on it, and they've repeatedly stated that they plan on monetizing by providing hosting/deployment services (a la WordPress). WordPress is a billion dollar company, in case you've forgotten.

I believe one of Meteor's intended, future revenue streams will be as a service provider for Meteor applications. If you take a look at the Meteor trello-board (https://trello.com/b/hjBDflxp/meteor-roadmap) it is listed as Galaxy.

As a Meteor developer, I would pay for a solution that allowed me to use Meteor's collection of magic on a platform that was built specifically to take advantage of said magic.

This is long term/platform play. Think wordpress. The problems they are solving are not easy to solve. They are executing well! Worst case, one of snoozefest enterprise shops will just buy the whole thing.
So meteor is a long-term thing and I see a lot of ways for them to make a lot of money. And so far they've been executing amazingly well and they're focusing on the right audience for this time.
The popularity of Rails proves that there are many developers who "think they can get away with undocumented voodoo in their web development".