Comment by ethersteeds
2 days ago
> Scott was the CEO of Docker, and led that through a really challenging time that began with Docker’s own enterprise-vs.-developer identity crisis and ended with them blowing the doors off the business.
Did Docker "blew the doors off the business"? Does he mean that in a Boeing sense?
Scott was instrumental in turning around Docker (which was "broken" [0]), after a $23m Series B raise from Arjun Sethi at Tribe Capital: https://news.ycombinator.com/item?id=28460504
OK yes thanks for that link
Speaking personally, the fate of Docker, Inc. was clear to me when they took their $40M Series C round in 2014. I had met with Solomon in April 2014 (after their $15M Series B) and tried to tell him what I had learned at Joyent: that raising a ton of money without having a concrete and repeatable business would almost inevitably lead to poor decision making
And it's hard not to see the same pattern here: https://fly.io/blog/we-raised-a-bunch-of-money/ - June 2023
This past July, we raised $25MM from A16Z and our existing investors, including Intel Capital and Dell. Recently, we raised an additional $70MM led by EQT Ventures.
Basically Scott Johnston is the guy that recoups money for investors, and in Docker's case, I recall that involved clawing back some value from users
From OP: As a shareholder of Fly.io, for this stage in Fly.io’s lifecycle, I liked his playbook better than mine. As the CEO of Fly.io, I liked the prospect of him doing all this work more than I liked the prospect of me doing it. We took a lot of time to work this out, and ultimately the board and I convinced him to take the job.