> It seems to me about 2-3 years is all you get for seed runway, when realistically projects like this should take at minimum 5 years incubating.
replymeasuring things by years is not really first principles thinking. i think the reality is that end user programming looks a lot more like notion than it is like valtown.
good on steve & team for tryin'. brutal market & yeah a postmortem is needed.
replyWhy bother with investing, why not just build it small and sustainable to begin with?
replyThat was my question. The little i understood of ValTown seemed like a sustainable, small business. No need for it to get huge. As long as it doesn't require hosting cheaper than customers would be wiling to pay. Given the type of services you could probably multi-tenant the boxes quite heavily and predictably (lots of crons you understand, etc).
replyI didn't look at it closely, but everything i saw looked like a great small business. VC money seems confusing, i must be missing a lot.
If you're in the "vc-world" a small business is hard to wrap your brain around; it's an entirely different think and thing.
replyI think that's what's he's cooking now: https://github.com/mech-lang I still keep checking on it. There were a lot of great ideas in Eve.
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