Earlier quoted context omitted.
70k? In San Francisco? Big oof.
It's a remote first company so i don't think most people in the support team live in San Francisco. I don't think 70k for a support position is that bad.
Zapier reached a $5B valuation with $1.3M of funding
261–267 of 267 posts
Re: Zapier reached a $5B valuation with $1.3M of funding
#262Earlier quoted context omitted.
Most people would prefer to be paid a good salary for doing good work, rather than uncertain lottery tickets and an obligation to understand how they work. I think most companies would prefer to operate this way, too.
Once companies start paying $500k-1mil/yr liquid - fine. But as it stands, I make a lot of money off those "uncertain" lottery tickets and demand a lot of them wherever I go.
Re: Zapier reached a $5B valuation with $1.3M of funding
#263Earlier quoted context omitted.
> pay the monthly fee to enable a non technical person to build the integration I'm just curious how that went. Was a non-technical person able to learn Zapier enough to carry out the task? Were they totally non-technical, or just not a professional dev?
They were able to do what needed to be done. I'm not sure what you mean by totally non technical? They weren't developers, but knew how to use gmail and google sheets at a pretty sophisticated level.
Thanks, that's what I meant. I think someone who's is tech savvy but not a professional developer would do fine with Zapier, but my guess is that completely non-technical people (who only understand browsers, email, word processors, etc) would struggle.
Re: Zapier reached a $5B valuation with $1.3M of funding
#264Earlier quoted context omitted.
30x revenues is a marker for an excellent short position. Revenue growth always slows and almost never justifies such ridiculous valuations.
Sure, though I was just saying these valuations aren't too uncommon. Still, in Zapier's case, they're in hockey-stick revenue growth, and accelerating. It's still a gamble, but not an unreasonable one to believe they'll ultimately justify the $5B valuation. Of course by that point they've be valued at some other ridiculously high number.
One thing I could have been clearer on is that private valuations should be at a large discount to public valuations. You buy shares at a $5B valuation only because you believe it can IPO close to a $10B valuation, or what is the point of investing?
And a $10B valuation would crazy town.
Re: Zapier reached a $5B valuation with $1.3M of funding
#265Earlier quoted context omitted.
What?!?!?! first of all if you only have 100k pageviews a month you're probably not even making $599 from serving ads and second i don't understand what Zapier is supposed to accomplish in your mind? maybe you have been using it in a way I can't think of? from what I think you are talking about: is zapier supposed to like sit between website & like some SSP or DSP? during the bid!?!?! or just to like establish an aud…
It sounds like you're referring to the sell-side of advertising (i.e. a publisher running ads on their site). I'm referring to the buy-side of advertising (i.e. an ecomm business running a marketing campaign). Each task could be "Tell Google that person 123 visited landing page X." or "Tell Facebook that person 456 purchased a tshirt." This lets you create targeting segments on the platforms and measure the results o…
you can already tell google/fb/dsp/ssp directly no need for zapier - they already have pixels. now fb (and more are building) have server to server. puttin zapier in the middle especially for individual pageviews/impressions would be inconceivably ginormous scale
for sure it's super complicated with the changes google is forcing and a ton is up in the air.
but assuming google's vision of the future comes true this type of data exchange will likely be blocked in whole or minimally as we know it now
from what i understand, in that future the browser holds the 'interest groups' e.g. targetable user data we're talking about for remarketing, interest cohorts etc - i think that's floc + turtledove in action
in thinking from sell side example publisher.com would create a (i think k-anonymous?) interest group in browser.
it looks like google might go so far as to kill something like TTD universal id by enforcing a privacy budget. so there goes that idea of a middle man syncing publisher.com login pii identifier -> ssp/dsp
google's write up says bidding happens in the browser via 'worklet' but i think that can be delegated to a DSP if done to their likeing as a 'trusted 3rd party server' which also gets rid of all these identifiers including IPs/UAs (google will obviously control the market lol). so i guess that could be some product but zapier moving into but totally completely different than now
Re: Zapier reached a $5B valuation with $1.3M of funding
#266I love Zapier and wish them the best. Been using them the past couple years to automate many things in my e-commerce business. That being said, I come from a software background (As many here at HN do), and I recently found "Integromat" and have completely switched over all my Zapier automations to them. Their price point is much cheaper (Zapier was beginning to charge a few hundred a month for me - and now I'm down…
Thanks! marius@wensia.com
Re: Zapier reached a $5B valuation with $1.3M of funding
#267Huge Zapier fan and user here. In fact I wrote an article on LinkedIn a while back about how many heads I think their product is saving us. And we have our own developers - there are just so many instances where using a service like this saves us the opportunity cost of building things for our own customers. Almost all of our use cases are around automating data connections for internal systems we use and love.