Comment by echelon

15 days ago

If Ramp is getting all the business, is there any reason to think they wouldn't command a much higher valuation?

Brex killed a ton of their customer relationships to "refocus" on larger biz. That created a lot of negative sentiment for the brand.

> All Ramp did was spend more on ads and marketing

That's distribution. It matters.

Ramp has a much more synonymous name, better recognition, and less bad reputation.

Distribution is king. Kudos to Ramp for that. My weird thesis is that for whatever reason Ruby on Rails shops just seem to survive more. I wonder if someone did a stack specific survival rate analysis.

  • Pretty sure Ramp uses Elixir.

    • Ramp is mostly their Python monolith. They have a blog post about their use of Elixir for one service but it's really not their core stack.

      Brex was a lot more all-in on Elixir, including being one of the languages "stars," but moved to a more conventional stack (IIRC Java/Drop wizard microservices with Kafka to talk between them).

    • Ramp is (mostly) a Flask monolith with some sprinkles of Elixir at the very edges where sub-second performance matters.