Earlier quoted context omitted.
Like how Google bought Doubleclick and definitely not the other way around?
Oh if only - it seems like somehow the shittiest culture manages to out survive the other and entrench itself inside the business. I know HN likes to blame this on the stock market forcing short term revenues but I think it goes deeper - the good "culture" employees actively flee these environments. Boeing acquiring McDonald Douglas is a classic example of this exact scenario: "McDonald Douglas bought Boeing with Boe…
IBM to buy HashiCorp in $6.4B deal
271–280 of 391 posts
Re: IBM to buy HashiCorp in $6.4B deal
#272Re: IBM to buy HashiCorp in $6.4B deal
#273Earlier quoted context omitted.
I was an extremely early user and owner of a very large-scale Vault deployment on Kubernetes. Worked with a few of their sales engineers closely on it - was always told early on that although they supported vault on kubernetes via a helm chart, they did not recommend using it on anything but EC2 instances (because of "security" which never really made sense their reasoning). During every meeting and conference I'd as…
(I have no idea what your infra is so don’t take this as prescriptive) My feeling is that for the average company operating in a (single) cloud, there’s no reason to use vault when you can just used AWS Secret Manager or the equivalent in azure or GCE and not have to worry about fucking Etcd quorums and so forth. Just make simple api calls with the IAM creds you already have.
Re: IBM to buy HashiCorp in $6.4B deal
#274Earlier quoted context omitted.
While I would think that, realistically most of my principles are for sale for a few billion dollars.
If anyone is listening, I'll gladly undercut this guy by a few orders of magnitude
Re: IBM to buy HashiCorp in $6.4B deal
#275Earlier quoted context omitted.
I was an extremely early user and owner of a very large-scale Vault deployment on Kubernetes. Worked with a few of their sales engineers closely on it - was always told early on that although they supported vault on kubernetes via a helm chart, they did not recommend using it on anything but EC2 instances (because of "security" which never really made sense their reasoning). During every meeting and conference I'd as…
(I have no idea what your infra is so don’t take this as prescriptive) My feeling is that for the average company operating in a (single) cloud, there’s no reason to use vault when you can just used AWS Secret Manager or the equivalent in azure or GCE and not have to worry about fucking Etcd quorums and so forth. Just make simple api calls with the IAM creds you already have.
However, strong agree on using your home cloud's service.
We used Vault with Heroku and were happy.
Re: IBM to buy HashiCorp in $6.4B deal
#276Earlier quoted context omitted.
Hashicorp had a $14 billion IPO in Dec 2021 and was trading at ~$4.7 billion right before the acquisition announcement. At that point it doesn't matter what the company or its founders want or what their long term vision is. Shareholders are in charge and heads are going to roll if the price doesn't get back up quick by any means necessary.
Yet another example of why I think it's a mistake to take your company public. If I put in the work to build up a successful business, no way would I ever let it be turned into a machine that ignores long term health for the sake of making the stock price go up.
Re: IBM to buy HashiCorp in $6.4B deal
#277Well, it was nice while it lasted! HashiCorp always felt like a company made by actual engineers, not "bean counters". Now it will just be another cog in the IBM machine, slowly grinding it down, removing everything attractive, just like RedHat and CentOS. Hopefully this will create a new wave off innovation, and someone will create something to replace the monopoly on IaC that IBM now owns.
I don’t understand people’s beef with IBM. They have been responsible for incredible R&D within computing. I even LIKE redhat/fedora! HashiCorp had already been sold out since waaaay before this acquisition and I also don’t understand why their engineers are seen as “special”…
I will not be taking questions ;-)
Re: IBM to buy HashiCorp in $6.4B deal
#278IBM is trying to increase its "AI revenue" through acquisitions, a standard MBA playbook move (although analysts see through this and often ask specifically for "organic" revenue instead to tease that apart from revenue via acquisitions). In the past, IBM was a technology leader, and probably still has substantial talent excellent inhouse, but from what I'm hearing it has become less appreciative of its researchers a…
Re: IBM to buy HashiCorp in $6.4B deal
#279Earlier quoted context omitted.
Do you mean Terraform, not Ansible?
IBM owns Ansible, redserk is saying Terraform will go a similar route. Although I don't see what they mean by core being lower priority than paid. The paid features are all available for free via AWX, which is the open source upstream of the paid product AAP.
Re: IBM to buy HashiCorp in $6.4B deal
#280Earlier quoted context omitted.
Yet another example of why I think it's a mistake to take your company public. If I put in the work to build up a successful business, no way would I ever let it be turned into a machine that ignores long term health for the sake of making the stock price go up.
If companies didn’t go public regular people would not be able to invest in innovation. As much as people hate it, public markets democratize access to investments
Also, what "democratic access" did people get? The ability to buy at $80 a share and then eventually sell it at $30?
Does anyone really believe this kind of stuff anymore?