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HashiCorp – S1

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Re: HashiCorp – S1

#183

It's fascinating to see so many IPOs happen in the past two years. Apparently there have been more IPOs in the past two years than 2014-2019 combined ( https://stockanalysis.com/ipos/statistics/ ) in spite of the pandemic. I guess it's because there's just so much money swishing around - why not?

I wish I could take the time to analyze findings and correlate; could this be due to a period of fundings reaching a peak many years ago?

I recall there was a time it seemed a lot of celebrities were suddenly dying and there was an article that came out pointing that many of them simply belonged to an era of media growth (or something along those lines). So they were all roughly from the same age group and were well… For lack of a better way to put it, reaching their expected age range of demise together.

I recall that years back when I was in uni, the software funding market was becoming super active and people were predicting (and denying) a bubble back then. This was in the 2008 to 2012 time period I think. Are we just seeing a lot of these companies now all “graduating” together? It feels like it matches the timeline of around 10-12 years or so which is when they might be expected to IPO?

PS: I feel like a lot of what I said is based on vague memories of things I’ve read over the years so I apologize if any of that is untrue.

Re: HashiCorp – S1

#184
post #126

Earlier quoted context omitted.

At least 80% of Docker's value to me is as a consistent-everywhere, very complete server daemon package manager. Serious packages for work? They're there, and up-to-date. Screwing-around stuff for home (Minecraft server, Jellyfin, et c.)? It's all there, same interface, just a couple minutes to add and configure another daemon at approximately its latest version, and I don't even have to think about which distro I'm…

I wonder what sort of container registry are you looking for. There are a few alternatives to Docker Hub nowadays. For instance, GCP’s is quite affordable and straightforward.

I don't mean for hosting custom images—I mean for using it as a cross-distro (indeed, cross-OS) very up-to-date, server-oriented package manager. That's most of what I get out of it, right now. It's currently, maybe, my favorite Linux package manager + package repository, even if that's not its core purpose.

Re: HashiCorp – S1

#185

I have actively used Vagrant, Consul, Terraform, and Vault and I really have never understood all the fanboyism for Hashicorp. Their products are OK but easily replaceable and often redundant in modern cloud providers. Wish them luck on their attempt to cash in but I for one do not intend to buy any stock.

You are missing the point. They are the de-facto standard in DevOps tooling from one person startups to gigantic public tech FAANG companies. My prediction, HashiCorp after IPO'ing will get acquired.

> They are the de-facto standard in DevOps tooling

Im in cloud automation 8+ years. No they are not de-facto standard. For AWS projects, I much prefer Cloudformation. App devs use venv or similar, not Vagrant.

I’d use their CI/CD if they had one, like GitLab, but looks like they don’t?

Re: HashiCorp – S1

#186

The impact Vagrant has had on my business is nearly immeasurable (and for free, no less). We're a small startup, and I haven't had the time (or motivation) to learn what Docker, Kubernetes, containers, etc are. Seems overly complex. But, virtual servers I can understand. I've been using Vagrant since 2013 and it ... just works. We've built our own custom box to standardize our development environment as well. If ther…

> Docker You can basically just treat it like a package manager and config-assistant. It's often easier(!) to configure a Docker image than the corresponding package, or set of packages, in your typical distro. In part this is because documenting where all the config files and data live just kinda falls naturally out of creating a half-decent image, and in part because good images often put commonly-modified config o…

It's like git. You can get by for a while but when anything out of ordinary happens your understanding needs to go from 2% to 95% very quick. With apps that are really good at package management I fail to see need of docker. Ie node, and go lang.

Re: HashiCorp – S1

#187

I have actively used Vagrant, Consul, Terraform, and Vault and I really have never understood all the fanboyism for Hashicorp. Their products are OK but easily replaceable and often redundant in modern cloud providers. Wish them luck on their attempt to cash in but I for one do not intend to buy any stock.

It is true that tools can be emulated (RedHat doing podman as a docker replacement, with same flags) but it is also work. I wonder whether in the Cloud world, the fan factor is a sign of credibility in a market that is looking for tooling that works across cloud providers.

Re: HashiCorp – S1

#188

I have actively used Vagrant, Consul, Terraform, and Vault and I really have never understood all the fanboyism for Hashicorp. Their products are OK but easily replaceable and often redundant in modern cloud providers. Wish them luck on their attempt to cash in but I for one do not intend to buy any stock.

You are missing the point. They are the de-facto standard in DevOps tooling from one person startups to gigantic public tech FAANG companies. My prediction, HashiCorp after IPO'ing will get acquired.

Judging by https://github.com/hashicorp/vagrant/issues/7263, I would say that they are the "GNOME" of devops tooling. The quickstart is great, and you feel empowered when your use cases are supported. Beyond that, good luck.

Re: HashiCorp – S1

#189
I've been using Terraform since 2018 and I love it. A benefit of using Terraform to explore AWS features is that I basically have the peace of mind that everything I create can be easily deleted when I'm done. That alone is huge. Plus, when I create cloud configuration via text, I seem to have a better mental understanding than clicking things in the console.

Congrats! I'm certain to buy the stock.

Re: HashiCorp – S1

#190

Earlier quoted context omitted.

Does this account for how much those companies offload to contractors / staffing agencies?

The economy of scale - at FAANG(MAANG?) scale you can have extremely efficient money making features that only takes a few engineer to support thousands. For things that are completely software, it does not surprise me that millions per employee in earnings is realized - that's just what happens when you operate at that scale. And that's accounting for all of the overhead in personnel that scale entails.

Given recent name changes, MAANG works, but it can be MANGA or MAGNA now.

I like "MAGNAM" if you include Microsoft.

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