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Alibaba acquires Berlin-based data Artisans for $103M

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Re: Alibaba acquires Berlin-based data Artisans for $103M

#91

Post by rapsey »

l5870uoo9y wrote: post #34
lawrenceyan wrote: post #7

I wonder what it would take to create the set of conditions for another "Silicon Valley / SF Bay Area" to appear in Europe. It seems like inevitably, any tech companies that are successful always end up getting bought out and leave to the U.S. instead of staying. What are the primary issues? Lack of VC funding, culture, government policy? On the surface, it doesn't seem like there's anything particularly lacking, at…

If you look at how China managed to build up an impressive tech sector the conclusion is clear: protectionism, else Europe will keep being sold off and lose its best talent to large companies abroad. This is the missing piece, not all these arbitrary number crunching or ill-informed cultural studies. Indeed looking at history many European countries have build up large innovative industrial and scientific sectors. Na…

Protectionism is how every country on earth developed. There are no exceptions.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#92

Post by mkaufmann »

I've been following data Artisans for a while and love their tech! It seemed that being not from silicon valley made it more difficult for them to gain traction.

One part of the acquisition is the integration of Alibaba's in-house modifications called Blink. It will be interesting to see what is behind that. To me it looks like this could be a very health collaboration.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#93

Post by bogomipz »

ajaxaddicted wrote: post #59
ionised wrote: post #36

Earlier quoted context omitted.

I'd rather live in Germany than Spain.

Once you are financially secure, living in Germany makes no sense. Shitty weather, the insane apartment situation in any major city, shitty services(any company with Deutsche in front - Deutsche Bahn, Deutsche Bank, Deutsche Telekom, Deutsche Wohnen), the beurocratic burden in your day to day live - everything takes forever to get done here. Spain is not perfect, but oh my god is Germany overrated

>"the beurocratic burden in your day to day live"

Could you elaborate on this? I'm genuinely curious what are some of those day to day bureaucratic burdens?

Re: Alibaba acquires Berlin-based data Artisans for $103M

#94

Post by scarejunba »

jamesblonde wrote: post #83
sewen wrote: post #79

Earlier quoted context omitted.

Sorry, but that is not correct. We clearly say in all announcements that this is about doubling down on open source. In contrast to all current the efforts everywhere that restrict open use, we plan to do even more work openly. This is best thing that could have happened to any open source project. And to any founder whose heart beats for technology and open source...

Aha, i see why you downvoted me. You were actually serious. I literally thought this was a generic tongue-in-cheek ironic comment made for the purpose of comedy. That's why it made me smile. That it's not ironic is even funnier.

You can’t downvote people who respond to you on HN, at least at his karma level. In fact, he couldn’t have downvoted you because he has too little karma.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#95

Post by monstrado »

jamesblonde wrote: post #2

Great product. It should have happened last week, then we truly could have said that all Enterprise Apache Open Software products died of the AWS plague in 2018: Hadoop is gone with Cloudera/Hortonworks merging, Kafka with Confluent's new license covering their ecosystem of tooling. Databricks now have their own Spark runtime, which will get more TLC than Apache Spark. On top of Apache, Mongo, Neo4J, Redis Labs aband…

Curious where you get "Hadoop is gone" by two companies (who employ hundreds of open source contributors and committers) merging. I think it's in fact the complete opposite. I get the whole buy-in into the FUD that Cloudera ships proprietary software so they're evil, but the fact of the matter is their core system (CDH) is 100% open source. Impala, open source. Kudu, open source. Anything that is in CDH that isn't in Apache Hadoop is in a pull request. You can literally download every last source file that you trust your data with.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#96

Post by jondubois »

thecleaner wrote: post #52
devdimi wrote: post #42

Earlier quoted context omitted.

There are lot of reasons: -Europe is fragmented market. It is not given that German software will be gladly accepted and used in France, Italy or UK and vice versa. There are barriers there that does not exist in the US. -The capital market and the stock market are not as developed as in USA in terms of market participants and available funds. Going public is unlikely event. If it happens, it would not get a lot of p…

> Many people are afraid that big software companies will steal and abuse their personal data Cant say they are wrong. But its also a business concern for enterprise companies everywhere - US or EU so you cant really say this is an issue here. More of a requirement. >exploit small family businesses, and just make money on mistreating normal people. Most of the people who think so are being very stupid.

> Most of the people who think so are being very stupid.

VCs make a profit by selling startups to big corporations or big investors via IPO. Most startups have negative cash flow and make negative profits by the time they are acquired by a corporation or investors. This means that VCs make a profit by creating negative value. Most VC-funded startups with a successful exit never become profitable. Those few startups that do manage to IPO and eventually become profitable are usually those who happen to have a monopoly over some industry; in other words, they are only profitable because consumers have no other alternatives to choose from; so they get to set the price. Believing that VCs create negative value is not stupid. Not seeing that it might be the case is what's stupid.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#97

Post by ido »

ChuckNorris89 wrote: post #48
shinryuu wrote: post #19

Earlier quoted context omitted.

It's after tax. I earn 2.5k after tax.

That seems pretty low to me. Can you buy a house in Berlin with that income? It's almost what a dev makes in Romania and there you can buy a decent house with that income.

It is normal in Germany & even more so in the big cities like Berlin for people to rent their whole lives - there are a lot of tenants protections & rent control here that make that less risky.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#98

Post by superpermutat0r »

ChuckNorris89 wrote: post #48
shinryuu wrote: post #19

Earlier quoted context omitted.

It's after tax. I earn 2.5k after tax.

That seems pretty low to me. Can you buy a house in Berlin with that income? It's almost what a dev makes in Romania and there you can buy a decent house with that income.

That does seem pretty low. I make 500 Euros less and I'm a junior Dev in Croatia, wouldn't move to Germany for that kind of money.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#99

Post by ahartmetz »

eastendguy wrote: post #18
azag0 wrote: post #15

Earlier quoted context omitted.

For a perspective, 3m euro is about two lifetimes of an average salary in Berlin (north of 2k monthly after taxes)

Nobody in IT earns only 2K a month in Berlin...

2k net is doable but rare and becoming rarer. I guess the average is around 3k net.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#100

Post by tormeh »

raverbashing wrote: post #30
tormeh wrote: post #22

Earlier quoted context omitted.

EU capital markets are underdeveloped compared to those in the US. European banks are too small, and mostly national. More importantly, the marketplaces are too small and too national. European stock exchanges are a joke compared to NASDAQ and NYSE. There's also the small detail of pension funds generally being forbidden from investing in stocks. That's the money that's fuelling SV, if my impression is correct. This…

> European banks are too small, and mostly national. You mean like Deutsche Bank? BNP Paribas? Santander?

Yes, like those. They are big on a European scale, but not internationally.

I think Deutsche used to be pretty big, but it's been going downhill for a couple of years now.

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