A lot of people seem confused about how they raised the money, but it’s actually a pretty easy VC pitch. - It’s from one of GitHub’s cofounders. - GitHub had a $7.5B exit. - And the story is: AI is completely changing how software gets built, with plenty of proof points already showing up in the billions in revenue being made from things like Claude Code, Cusor, Codex, etc. So the pitch is basically: back the team th…
Put another way: the idea didn't raise $17M, the team did. That's usually the case but you can fully expect a pivot in their future. Once open source spreads into an area, it tends to kill (commodify) commercial software in that space. For example, with databases, MySQL and Postgres "won". Yes, there are commercial databases like SQL Server and Oracle but they largely exist through regulatory capture and inertia. It'…
We've raised $17M to build what comes after Git
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Re: We've raised $17M to build what comes after Git
#582Earlier quoted context omitted.
Step 1: don't pitch from a conartist6 username
It's been my username for 20 years and I'm not changing it to be more corpo-propriate now. I think it makes more sense if you know that my name is Conrad. It's pretty easy to find out who I am in the real world too. For one thing I'm a private pilot and for 10 years I had an airplane personally registered to me, making my name and address a matter of (open) public record.
But fundraising is a game to be played, and part of playing the game is building credibility with VCs. It may be that a quirky name helps with that, but probably not.
From the classic baseball movie Bull Durham, where the old veteran is explaining to the newbie how to be successful:
"Your shower shoes have fungus on them. You'll never make it to the bigs with fungus on your shower shoes. Think classy, you'll be classy. If you win 20 in the show, you can let the fungus grow back and the press'll think you're colorful. Until you win 20 in the show, however, it means you are a slob."
If you already have a track record, then you can have a quirky name or personality. Until then, you've got to play the game.
Re: We've raised $17M to build what comes after Git
#583Earlier quoted context omitted.
I think it means parallel branches. Normally in git you can use one branch at a time. With agentic coding you want agents to build multiple features at the same time, each in a separate branch
Sooooo git worktree. It's exactly that. One repository dir checked out in different places with different branches.
for example: It allows me to test coworkers branches with mine without merging or creating new branch.
It has many features that makes it super easy to add patch to any commit in any branch
Re: We've raised $17M to build what comes after Git
#584The tool that could replace git must free, ubiquitous, and arguably open-source. This is why I cannot imagine how raising $17M may pay for itself in that case, to say nothing of a 10× return. It may be a great tool, but I'd be very reluctant to use a closed-source solution as a cornerstone of infrastructure.
In any case, Git has become tremendously entrenched over the past couple decades. Anything that hopes to replace it would have to be significantly better to break from the inertia Git has. I’m honestly skeptical as to whether this is even possible in the near future. We’re not at all in the same historical moment as when SVN was beaten out.
Re: We've raised $17M to build what comes after Git
#585Re: We've raised $17M to build what comes after Git
#586The remaining lifetime of a technology is proportional to how long it has already existed. However good this new thing might be, however much better it might be than git - I don't like it's chances.
Re: We've raised $17M to build what comes after Git
#587They raised $17M to build what appears to be solvable by some git wrapper scripts that could have been written by AI in 5 minutes?
To me the extra "wat" about this is that if I spend the sub-$1 to get the git wrapper scripts, I can get them exactly the way I want them, instead of being mandated to use the commands they made up. A huge gain for AI is the ability to have exactly the software you personally want, even if nobody else wants it just so.
So they are building the exact opposite of the need that AI brings forward. What they are building is not even median software that is in danger of being replaced (e.g. see Cloudflare spending a week to build "a wordpress"), but something that's the most extreme example of AI-will-replace-this that could possibly exist.
Who will buy this?
The only way this makes sense is as a plea for being acqui-hired (and the project dropped).
Re: We've raised $17M to build what comes after Git
#588Re: We've raised $17M to build what comes after Git
#589Hey, this is Scott - the guy in the photo who wrote this post. AMA.
Re: We've raised $17M to build what comes after Git
#590Earlier quoted context omitted.
I love that we are ignoring Git and taking Legos. Anyone have a solution for another annoying problem: 1 missing piece. Somehow got lost halfway through the build.
It’s always under the most annoying thing to move or get to. Under table legs, couches, etc. Also, Lego will send you any missing pieces for free.