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Announcing Rome Tools, Inc.

rome.tools

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Re: Announcing Rome Tools, Inc.

#11
post #7

It’s a difficult, painful problem - meaning there’s an opportunity. Sebastian has the grit to deliver. What’s the business model?

Supplemental services that integrate with the tool. Think code quality monitoring, error reporting, and core enhancements like a remote cache. There's a lot we're going to be experimenting with.

I'd pay for fast remote builds that integrate into my source control (GitHub and Azure DevOps) and creates production builds fast.

Re: Announcing Rome Tools, Inc.

#12
post #10

> Together, we’re announcing that we’ve raised $4.5 million in seed funding, led by A.Capital Ventures and OSS Capital. VCs fund startups which has the potential to 100x their returns right? How is that going to work here? How will they monetize a javascript library? Will we have an IPO for a javascript library? Or are they betting on a big tech company to acquire a Javascript library for 100s of millions of dollars?…

It's not a "JavaScript library" it's an entire toolchain. In the same way that `git` generated billions of dollars worth of value in the form of companies and productivity, Rome will do the same. Possibly even bigger.

git doesn't make linus torvalds money though.

People used git because it was mandated for linux kernel work.

Re: Announcing Rome Tools, Inc.

#13
post #4
post #3

Earlier quoted context omitted.

Why do you think this is the only bet? What about things like Snowpack, Vite, and Esbuild?

Those are all great bundlers/dev servers but they aren’t as ambitious as Rome. Rome aims to be the one tool that handles everything: compiling, bundling, testing, linting and everything else.

You can also do that with Deno: - Built in testing library - Lint with `deno lint` - Bundle with `deno bundle` - Format with `deno fmt`

Re: Announcing Rome Tools, Inc.

#14
post #10

> Together, we’re announcing that we’ve raised $4.5 million in seed funding, led by A.Capital Ventures and OSS Capital. VCs fund startups which has the potential to 100x their returns right? How is that going to work here? How will they monetize a javascript library? Will we have an IPO for a javascript library? Or are they betting on a big tech company to acquire a Javascript library for 100s of millions of dollars?…

It's not a "JavaScript library" it's an entire toolchain. In the same way that `git` generated billions of dollars worth of value in the form of companies and productivity, Rome will do the same. Possibly even bigger.

I have no doubt that Rome will massively increase the producitvity of thousands of companies and developers. But the hard thing in open source is how will you capture some portion of that value. The vast majority of libraries, toolchains and other open source projects out there which has massively increased the developer producitivty are underfunded let alone generate millions of dollars in sales. Rome not only has to find a sustainable way for funding the project as well as figure out a way to 100x the returns of VCs? How is Rome planning to do that?

Re: Announcing Rome Tools, Inc.

#16
post #10

Earlier quoted context omitted.

It's not a "JavaScript library" it's an entire toolchain. In the same way that `git` generated billions of dollars worth of value in the form of companies and productivity, Rome will do the same. Possibly even bigger.

I have no doubt that Rome will massively increase the producitvity of thousands of companies and developers. But the hard thing in open source is how will you capture some portion of that value. The vast majority of libraries, toolchains and other open source projects out there which has massively increased the developer producitivty are underfunded let alone generate millions of dollars in sales. Rome not only has t…

> How is Rome planning to do that?

Clearly they have a vision that investors thought was compelling enough to buy into.

Perhaps be patient and see what they announce in the future? This is their day one (zero?)..

If there was an easy answer here, someone else would have already done it.

edit: they (sort of) answer in another thread https://news.ycombinator.com/item?id=27039330

Re: Announcing Rome Tools, Inc.

#17

> Together, we’re announcing that we’ve raised $4.5 million in seed funding, led by A.Capital Ventures and OSS Capital. VCs fund startups which has the potential to 100x their returns right? How is that going to work here? How will they monetize a javascript library? Will we have an IPO for a javascript library? Or are they betting on a big tech company to acquire a Javascript library for 100s of millions of dollars?…

I really hope they don't start charging $1 for every time I install Babel through npm.....

Re: Announcing Rome Tools, Inc.

#19
Disclaimer: I know the foundation of Rome was largely written by Sebastian. This question still applies to Rome though, but more so to “open source companies” in general.

https://rome.tools/credits/

How many of these people are going to receive an employment opportunity from this company? How many will receive equity?

I suppose the same questions can be asked if any big project, like React, though that had FB’s backing from the get-go.

I understand that OSS needs funding from somewhere, and I am incredibly optimistic about Rome, but I’d think it a bit disheartening to be surprised by this announcement as a contributor.

Re: Announcing Rome Tools, Inc.

#20
post #16

Earlier quoted context omitted.

I have no doubt that Rome will massively increase the producitvity of thousands of companies and developers. But the hard thing in open source is how will you capture some portion of that value. The vast majority of libraries, toolchains and other open source projects out there which has massively increased the developer producitivty are underfunded let alone generate millions of dollars in sales. Rome not only has t…

> How is Rome planning to do that? Clearly they have a vision that investors thought was compelling enough to buy into. Perhaps be patient and see what they announce in the future? This is their day one (zero?).. If there was an easy answer here, someone else would have already done it. edit: they (sort of) answer in another thread https://news.ycombinator.com/item?id=27039330

Yeah. I geuinely hope they work it out. And hopefully more open source projects can follow their playbook.
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