Congratulations. I have always had a love-hate relationship with Hashicorp's tools. In the end, though, the product that they provide freely to us all is absolutely phenomenal. I also have a lot of respect for Mitchell Hashimoto and really appreciate his humility. Great to see this positive news for Mitchell and the team.
HashiCorp Raises $175M at $5.1B Valuation
51–60 of 91 posts
Re: HashiCorp Raises $175M at $5.1B Valuation
#52A bunch of my friend group (average 5 years of experience each) just went through job searches, and all of us applied to hashicorp. Among us, we had big data experience, distributed systems experience, frontend, backend, etc. Very wide gamut. None of us even received a reply, and from what I've heard this isn't unusual. I'm always a bit flummoxed as to what companies like this want when they somehow even develop a re…
Didn't receive a reply after interviewing, or didn't receive a reply after applying? Not getting a reply after applying is pretty common. It could mean a lot of things, including that they might want to keep your resume on file for a future availability.
I don't mind it, personally. It's the ghosting after interviewing that I find annoying.
Re: HashiCorp Raises $175M at $5.1B Valuation
#53Re: HashiCorp Raises $175M at $5.1B Valuation
#54Series E have never been a good indicator for success, especially with the stock market behavior of late, and I don't see how HashiCorp's enterprise offerings are worth a 5.1B valuation. They've continuously struggled to find a good fit for their "enterprise only" features, and the amount of money they charge for these features is nothing short of extortion. Vault seems to be the only runway they have, and I see that…
What is the purpose of Vault if you’re already on AWS?
Even though I prefer CloudFormation, Terraform is quite popular. As far as Consul and Nomad, they are both nice for on prem infrastructure - I’ve used both - but once you’re on either AWS or Azure, the native solutions are a lot less of a hassle and Nomsd (sadly) will never get the mindshare of k8s.
Re: HashiCorp Raises $175M at $5.1B Valuation
#55Re: HashiCorp Raises $175M at $5.1B Valuation
#56Earlier quoted context omitted.
How many checks does it take to payback $175M? The VC treadmill is concerning for many tech companies.
Fortune 500 companies represent two-thirds of the U.S. GDP with $13.7 trillion in revenues, $1.1 trillion in profits, $22.6 trillion in market value, so there's money to be had in helping them accommodate cloud agnostic best practices through tooling. There are lots of companies that aren't tech companies, but who still need tech (insert the caveat "software eating the world", "all companies are tech companies", and…
So instead of being “locked in to the cloud”, you’re “locked in to Hashicorp”. Meet the new boss....
But the idea that you’re not de facto locked into your cloud provider once you are at any type of scale is a fantasy. To paraphrase Cory Quinn (?) “Infrastructure has weight”. Its a major undertaking fraught with regressions and unexpected costs to migrate from one provider to another and the benefits are usually not worth it.
Re: HashiCorp Raises $175M at $5.1B Valuation
#57I've only used Terraform out of their set of tools and loved every minute of using it. By far the most intuitive and the clear leader out of the Infrastructure as Code tools. Fingers crossed they can live up to this massive valuation.
Re: HashiCorp Raises $175M at $5.1B Valuation
#58Series E have never been a good indicator for success, especially with the stock market behavior of late, and I don't see how HashiCorp's enterprise offerings are worth a 5.1B valuation. They've continuously struggled to find a good fit for their "enterprise only" features, and the amount of money they charge for these features is nothing short of extortion. Vault seems to be the only runway they have, and I see that…
What is the purpose of Vault if you’re already on AWS? Even though I prefer CloudFormation, Terraform is quite popular. As far as Consul and Nomad, they are both nice for on prem infrastructure - I’ve used both - but once you’re on either AWS or Azure, the native solutions are a lot less of a hassle and Nomsd (sadly) will never get the mindshare of k8s.
.. if you're in more than one cloud, and want a singular solution.
Re: HashiCorp Raises $175M at $5.1B Valuation
#59Series E have never been a good indicator for success, especially with the stock market behavior of late, and I don't see how HashiCorp's enterprise offerings are worth a 5.1B valuation. They've continuously struggled to find a good fit for their "enterprise only" features, and the amount of money they charge for these features is nothing short of extortion. Vault seems to be the only runway they have, and I see that…
What is the purpose of Vault if you’re already on AWS? Even though I prefer CloudFormation, Terraform is quite popular. As far as Consul and Nomad, they are both nice for on prem infrastructure - I’ve used both - but once you’re on either AWS or Azure, the native solutions are a lot less of a hassle and Nomsd (sadly) will never get the mindshare of k8s.
Why do you prefer CloudFormation?
Re: HashiCorp Raises $175M at $5.1B Valuation
#60Series E have never been a good indicator for success, especially with the stock market behavior of late, and I don't see how HashiCorp's enterprise offerings are worth a 5.1B valuation. They've continuously struggled to find a good fit for their "enterprise only" features, and the amount of money they charge for these features is nothing short of extortion. Vault seems to be the only runway they have, and I see that…
What is the purpose of Vault if you’re already on AWS? Even though I prefer CloudFormation, Terraform is quite popular. As far as Consul and Nomad, they are both nice for on prem infrastructure - I’ve used both - but once you’re on either AWS or Azure, the native solutions are a lot less of a hassle and Nomsd (sadly) will never get the mindshare of k8s.
You don't want to pay $1/month to store a single secret. You want a nicer workflow for creating ephemeral users and tokens than AWS themselves have. You want to do on-the-fly encryption of all sorts of things. You want a real PKI without every bit of know-how.