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VoidZero Is Joining Cloudflare

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Re: VoidZero Is Joining Cloudflare

#281

Post by borski »

throw14082020 wrote: post #279
borski wrote: post #275

Earlier quoted context omitted.

Dropbox did it for Zulip. It entirely depends on how much the seller cared to ensure continuity. It’s not like VoidZero didn’t have plenty of leverage; they weren’t a dying open source project.

Dropbox spun out Zulip because it was a failed project they were going to shut down. This is completely different?

Dropbox never had any intention of running Zulip. But the team wanted Zulip to continue existing, so they worked that into the agreement with Dropbox.

That is my understanding.

Re: VoidZero Is Joining Cloudflare

#284

Post by Aeolun »

catapart wrote: post #226
hntiz wrote: post #22

I think, just from a purely build-step point of view, it's been evident that tools like Vite, Bun, etc. have achieved all they meaningfully can. If I was the creator of these tools, I've move on too. Good luck and thanks for everything.

lol. any of them - literally just ONE - could have a full blown UI so that you wouldn't have to build projects using a command line like it's 1985. or maybe one of them could just invest in packaging custom html elements, instead of assuming I'm going to use one of a handful of unnecessary "component" libraries, or assuming that I won't be using components at all. there's plenty of places for these tools to go, but n…

I agree. Most startups just aren’t interested in solving a problem only 30 people in the world have. I wonder why?

Re: VoidZero Is Joining Cloudflare

#285

Post by overfeed »

borski wrote: post #270
overfeed wrote: post #261

Earlier quoted context omitted.

The husk of a company would still be bound by whatever contacts were signed by its officers. However, non-compete enforcement against individuals have been declawed in California, where VoidZero is headquartered, and (I assume) where its investors are, and whose courts they've likely agreed to adjudicate disagreements. This is an extreme measure not usually taken, but it's a nuclear option that sets a ceiling on how…

> However, non-compete enforcement against individuals have been declawed in California, where VoidZero is headquartered Not in M&A. https://www.freshfields.com/en/our-thinking/blogs/a-fresh-ta...

Thanks - I wasn't aware about the M&A carve-out, which makes sense. It reads to me like clause (c) is the most relevant:

(c) all of the ownership interest of any subsidiary, may agree with the buyer to refrain from carrying on a similar business within a specified geographic area in which the business so sold... has been carried on, so long as the buyer... carries on a like business therein.

and it prohibits competition "on a similar business". The Vite team would be blocked from competing against VoidZero, but Cloudfare isn't a similar business IMO, and they would be free to work on a private "Pronto" fork within Cloudflare (which is unlike the real-life Cloudflare/Vite scenario where they will continue public releases)

Re: VoidZero Is Joining Cloudflare

#286

Post by borski »

overfeed wrote: post #285
borski wrote: post #270

Earlier quoted context omitted.

> However, non-compete enforcement against individuals have been declawed in California, where VoidZero is headquartered Not in M&A. https://www.freshfields.com/en/our-thinking/blogs/a-fresh-ta...

Thanks - I wasn't aware about the M&A carve-out, which makes sense. It reads to me like clause (c) is the most relevant: (c) all of the ownership interest of any subsidiary, may agree with the buyer to refrain from carrying on a similar business within a specified geographic area in which the business so sold... has been carried on, so long as the buyer... carries on a like business therein. and it prohibits competit…

Maybe. It would require courts and nuance; cloudflare is in a lot of businesses nowadays. It rarely comes into effect regardless because people rarely spend less than a couple years at the acquirer, but regardless.

Re: VoidZero Is Joining Cloudflare

#287

Post by yuppiepuppie »

bluelightning2k wrote: post #218
yuppiepuppie wrote: post #113

Earlier quoted context omitted.

They've raised over $16 million [0]. For a decent 3-5x return for that, they would need to have been acquired for around ~$50 million. For a team of 19 [1], thats around $2.5 million per employee for Cloudflare. Worth it? no idea [0] https://voidzero.dev/posts/announcing-series-a [1] https://voidzero.dev/about

Your linked post shows they raised 12.5 million? But it's also possible they haven't spent much of that money. The investors don't need to be happy. They just need to be made whole (assuming they have a minority control). It could literally be that only $2m ever got spent and that's been paid back. It could also be that when literally nobody said they would pay for Vite+ the investors and team in general lost confide…

Series A was 12.5. Linked in that post was a Seed announcement which was another 4.5 million

Re: VoidZero Is Joining Cloudflare

#288

Post by rubenvanwyk »

tom1337 wrote: post #224
bluelightning2k wrote: post #220

The reason this is worth it to CloudFlare is it will cause AI to recommend them more. The agents already reach for Vite. When they reach for Vite it's very logical they will default to CloudFlare after. (Much like they will guide users to setup Vercel for NextJS). This could be a $20m acquisition which will generate $billions from the increase in the agent equivalent of SEO.

Also Lovable just switched to TanStack as a default project framework which uses Vite under the hood. Lovable uses Cloudflare so they’re probably deploying it via Cloudflare Workers.

Cloudflare should just buy Lovable next.

Re: VoidZero Is Joining Cloudflare

#289

Post by xyst »

It’s scary how cf has become this giant tech corporation. If cf has issues, we see a cascading effect across the many services we depend on. With the age of AI slop, it’s only going to get worse.

Re: VoidZero Is Joining Cloudflare

#290

Post by bluelightning2k »

yuppiepuppie wrote: post #287
bluelightning2k wrote: post #218

Earlier quoted context omitted.

Your linked post shows they raised 12.5 million? But it's also possible they haven't spent much of that money. The investors don't need to be happy. They just need to be made whole (assuming they have a minority control). It could literally be that only $2m ever got spent and that's been paid back. It could also be that when literally nobody said they would pay for Vite+ the investors and team in general lost confide…

Series A was 12.5. Linked in that post was a Seed announcement which was another 4.5 million

Thanks for clarifying
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