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B) Does this impact the open-sourcing of Storm?
"Secrets of BackType's Data Engineers - How do three guys with only seed funding process 100 million msgs a day?"
http://www.readwriteweb.com/hack/2011/01/secrets-of-backtype... HN discussion http://news.ycombinator.com/item?id=2097926
I am not a Clojure fan, but I found BackType engineer Nathan Marz's fusion of Datalog, Clojure and Hadoop to create Cascalog very impressive, and was looking forward to Storm.
I wonder what affect this will have on the open sourcing of Storm.
A) Congratulations to the BackType team! I wonder if they're the first Clojure-heavy startup to be acquired. It will be interesting to see what happens to their technology stack after a couple of years. B) Does this impact the open-sourcing of Storm?
A) Congratulations to the BackType team! I wonder if they're the first Clojure-heavy startup to be acquired. It will be interesting to see what happens to their technology stack after a couple of years. B) Does this impact the open-sourcing of Storm?
Flightcaster is even earlier. FC might have been the first.
[ YC08 ] BackType has raised a total of $1.32m according to http://www.crunchbase.com/company/backtype No speculation as to the size of the acquisition, but I guess anything between $10-100m is possible, which would give YC a return of about 3% (6% adjusted down to 70% twice) of that, or somewhere between $300k and $3m? "YCombinator: turning $15k into $300k in 3 years" Not bad. Edit: This is based on the idea that Ba…
I think it is more sub $10M. Their product will be discontinued, so it appears they are buying the team. Bactype looks like a company with a handful of employees so you probably want to count $1M/engineer or maybe $1.2M.
In this case, the BackType engineers are pretty damn epic, so I'd wager it's towards middle/high side of the range.
[ YC08 ] BackType has raised a total of $1.32m according to http://www.crunchbase.com/company/backtype No speculation as to the size of the acquisition, but I guess anything between $10-100m is possible, which would give YC a return of about 3% (6% adjusted down to 70% twice) of that, or somewhere between $300k and $3m? "YCombinator: turning $15k into $300k in 3 years" Not bad. Edit: This is based on the idea that Ba…
Guess YC/Twitter relationship was only at the very beginning when Avi Bryant helped pg adopt @paulg: http://twitter.com/#!/avibryant/status/22303889283