Comment by bdcravens
1 day ago
"nor should it be" is connected to "being worth millions". It's not that it isn't worth money, but it's more of a lifestyle business than the sort of thing that will drive a tech company with employees, marketing, and conference budgets.
I think if you said "couldn't be a venture backed startup", I'd 100% agree with you. Can't support employees or a marketing budget is a much lower bar, and I think that's perfectly achievable by something like Tailwind (or I guess was prior to AI)
I’m a die hard engineer, yet when I see Apple, Microsoft, and Google marketing: it makes me realize the importance of marketing.
There are several graphing libraries that have been businesses for years. Like Highcharts. A frontend framework used by millions and millions certainly has some value to loads of people.
Indeed. I saw their job ad just months before this with full remote 300K salary.
What does it being remote have to do with anything?
It changes the cost of living context of the salary. So, a lot.
I’m not sure what their valuation was but single digits millions sounds totally reasonable for a company you’re describing. Just to hire 10 engineers you’ll need to be in low millions
I don't want to diminish the work that any developers do, but a headcount of 10 seems high to me. (Unless some of those are simply "support engineers" who do nothing but support paying customers, but that would go up and down with revenue)
To hire 10 engineers you only need millions in yearly revenue. And millions in revenue does not imply that the business is worth millions. It very well, quite easily, could be worthless.
Millions is a very modest business these days