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Jetbrains founders turn billionaires without VC help

bloomberg.com

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Re: Jetbrains founders turn billionaires without VC help

#22

Post by mcv »

marcinzm wrote: post #12
BossingAround wrote: post #6

Isn't JetBrains a Russian company that moved their HQ to Prague due to fear of Russian government?

Based on Wikipedia it was founded in the Czech Republic by three Russians in 2000 which makes it a Czech company just as much as Tesla is an American company (rather than South African). edit: Fixed founding date, coffee hasn't kicked in yet

They weren't founded in 2010, but in 2000.

I was a bit confused for a moment, because I distinctly remember using either IntelliJ or RubyMine in 2008.

I had no idea they were a Czech company with Russian founders though. Good to hear not everything comes from SV.

Re: Jetbrains founders turn billionaires without VC help

#23

Post by random5634 »

pdpi wrote: post #13
nojs wrote: post #2

What a great story. Profitable company, great product, simple and honest business model and no VC funding.

It's also pretty consumer-friendly. Every year I get an email from them around November reminding me my subscription will renew in February, and then a couple more reminders along the way.

Agreed- they also did discounts for long term users. I can't beer bothered too switch so pay happily because it's always seemed like fair treatment

Re: Jetbrains founders turn billionaires without VC help

#24

Post by AsyncAwait »

singularity2001 wrote: post #21
manojlds wrote: post #3

Ok so everyone knows and loves JetBrains. What's their worst product so far?

I'd say Android Studio and the whole gradle mess

Agreed, but I think that's not entirely on them, but rather the wider JVM & mobile dev ecosystems.

Still better than XCode which regularly looses syntax highlighting for no reason in 2020.

Re: Jetbrains founders turn billionaires without VC help

#26

Post by llcoolv »

Fair play to them. They are in a bit of a bubble here in Prague as noone from my Czech/EU network has worked for them, but still the product is great, their treatment of community - excellent and I wish them best of luck in the future as well.

P.S. I am currently shilling for Jetbrains Spaces to the leadership :D

Re: Jetbrains founders turn billionaires without VC help

#27

Post by tailsdog »

marcinzm wrote: post #12
BossingAround wrote: post #6

Isn't JetBrains a Russian company that moved their HQ to Prague due to fear of Russian government?

Based on Wikipedia it was founded in the Czech Republic by three Russians in 2000 which makes it a Czech company just as much as Tesla is an American company (rather than South African). edit: Fixed founding date, coffee hasn't kicked in yet

As I understood it Tesla was founded by Americans and later Musk bought in.

Re: Jetbrains founders turn billionaires without VC help

#28

Post by llcoolv »

saberdancer wrote: post #17
emteycz wrote: post #5

Earlier quoted context omitted.

It's not easy for a Czech company to do IPO in the USA. It's not worth it here.

They could find an investor willing to buy them out. Doesn't have to be an IPO. Still, if you are happy with the amount of money you have and you have a business you enjoy running, why sell? This is probably their view of it.

Avast did their IPO in London. Most companies I have heard of were considering doing it in Singapore.

Re: Jetbrains founders turn billionaires without VC help

#30

Post by arpa »

tuyguntn wrote: post #19

if JetBrains people are reading this, I want to say THANK YOU! You saved lots of developer time with IDE, then Kotlin language. I use Golang, Python and Database IDEs, and they are really nice and time saving, can't imagine how much time you guys saved to Java developers where everything is reflection based annotations and deep level of abstract class/interface implementations. (last time when I worked with Java in V…

I just bought a personal IDE licence a few days ago. JetBrains makes one of the best IDEs I've ever used, and I consider that 100€ well spent.
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