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We've raised $17M to build what comes after Git

blog.gitbutler.com

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Re: We've raised $17M to build what comes after Git

#261

Post by debarshri »

BrenBarn wrote: post #256
debarshri wrote: post #100

Earlier quoted context omitted.

Thing i learned about raising capital it, you need to build or have a network. Thats YC is great, accelerators, incubators help you do that. Network and story you tell. Also, every stage you raise, you have to make sure the folks you raise from help you craft the narrative for thr next round. I think if you have a healthy busy growing well, you shouldnt raise unless you have ambition and urge to go faster. Irony of t…

> I think if you have a healthy busy growing well, you shouldnt raise unless you have ambition and urge to go faster. This is why VC is a cancer on society. If you don't have a healthy business growing well, your business shouldn't get bigger.

If the business is not growing well and VC invests money. I think that gambling and not true venture capital.

Re: We've raised $17M to build what comes after Git

#262

Post by aleph_minus_one »

fxtentacle wrote: post #15

I feel like I really need to learn how to raise money. For $17M, one could probably build a vacuum robot prototype that’ll also clean up all of the kids toys and sort LEGO bricks by colour and size. Parents worldwide would love it. But instead, we get a replacement for Git. And I didn’t even bother to click the link because I’m fine with how Git works. On the list of pain points in my life, “what comes after Git” has…

> But instead, we get a replacement for Git. [...] Why is nobody solving actual problems anymore?

While I personally doubt that for $17M one could build such a vacuum robot prototype (for a vacuum cleaner company, investing this amount of money - if it worked - would be a rounding error), I will rather analyze the point that you raised:

It is a very common situation that the workflows of companies is deeply ingrained into some tool

- that they can't get rid of (be it Microsoft Excel (in insurance and finance), be it Git (in software development), ...)

- that is actually a bad fit for the workflow step (Git and Excel often are)

So, this is typical for the kind of problem that companies in sectors in which billions of $/€ are moved do have.

I am actually paid to develop some specialized software for some specialized industrial sector that solves a very specific problem.

So, in my experience the reason why nobody [is] solving actual problems (in the sense of your definition) anymore is simple:

- nobody is willing to pay big money for a solution,

- those entities who are willing to pay big money often fall for sycophantic scammers/consultants.

Re: We've raised $17M to build what comes after Git

#263

Post by mcdeltat »

abc123abc123 wrote: post #244
imp0cat wrote: post #232

Earlier quoted context omitted.

So it will be exactly like git, but with a monthly subscription fee.

And AI... always add AI!

Upon every commit, AI will review your code to check if it's worth committing or not (after all, disk space is expensive these days!). If the AI finds the code is not up to scratch, it will be reverted and you'll be given a chance to try again.

Then, we will develop (read: sell) AI agents that will ingest a proposed code change (created by your front-line agent), and iteratively refactor it until the commit agent accepts it.

Re: We've raised $17M to build what comes after Git

#266

Post by aoshifo »

hk__2 wrote: post #213
aoshifo wrote: post #177

Remind me, how much venture capital did Linus need to raise for building git?

Linus didn’t build git. He built a proof of concept and then handed it over to real maintainers that wrote real code.

Fair enough, but he created it and I don't know the names of the real maintainers (sorry). And I don't think these two are writing the code for GitButler tbh. Anyhow, main point still stands: git is used by millions with no venture capital funding.

Re: We've raised $17M to build what comes after Git

#267

Post by phs318u »

braggerxyz wrote: post #255
fxtentacle wrote: post #15

I feel like I really need to learn how to raise money. For $17M, one could probably build a vacuum robot prototype that’ll also clean up all of the kids toys and sort LEGO bricks by colour and size. Parents worldwide would love it. But instead, we get a replacement for Git. And I didn’t even bother to click the link because I’m fine with how Git works. On the list of pain points in my life, “what comes after Git” has…

> ... and sort LEGO bricks by colour You never sort by color, ever! You sort by form, and then throw every color of that specific form in one bin. If you throw every red brick in the same bin, you'll never find a specific formed red brick because to many red bricks. But if you first search by form and then by color, you are much faster.

As any DBA worth their salt knows.

Index the many valued column, not the column with few discrete values.

Re: We've raised $17M to build what comes after Git

#268

Post by nikitau »

echelon wrote: post #223
Eufrat wrote: post #154

Earlier quoted context omitted.

Money is not given to good ideas (though, it doesn’t hurt). Money is given to friends . If you look at how VC (or really any network) funding circulates, it’s just people who are allowed to enter that circle and money just flows between them constantly. On one hand, you have trusted people who you are willing to give money, on the other hand, this inherently creates a clique. It reminds me how the Bohemian Club’s slo…

> Money is given to friends. Money is given to ideas that might become billion dollar businesses and teams that look like they can do it. Pedigree, domain expertise, previous exits.

That works under the assumption of the "wisdom of the markets", and we assume VC possesses that wisdom, but laid bare it's just as vulnerable to cronyism as any other institution.

Re: We've raised $17M to build what comes after Git

#269

Post by UqWBcuFx6NV4r »

echelon wrote: post #223
Eufrat wrote: post #154

Earlier quoted context omitted.

Money is not given to good ideas (though, it doesn’t hurt). Money is given to friends . If you look at how VC (or really any network) funding circulates, it’s just people who are allowed to enter that circle and money just flows between them constantly. On one hand, you have trusted people who you are willing to give money, on the other hand, this inherently creates a clique. It reminds me how the Bohemian Club’s slo…

> Money is given to friends. Money is given to ideas that might become billion dollar businesses and teams that look like they can do it. Pedigree, domain expertise, previous exits.

Yeah, OK. There’s a lot hidden in that word, “pedigree”.

Re: We've raised $17M to build what comes after Git

#270

Post by imdsm »

fxtentacle wrote: post #15

I feel like I really need to learn how to raise money. For $17M, one could probably build a vacuum robot prototype that’ll also clean up all of the kids toys and sort LEGO bricks by colour and size. Parents worldwide would love it. But instead, we get a replacement for Git. And I didn’t even bother to click the link because I’m fine with how Git works. On the list of pain points in my life, “what comes after Git” has…

I feel exactly this way

Why are we trying to replace git? What is the problem with git?

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