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Bruno – Opensource, sustainability, privacy, freedom and incentives

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Re: Bruno – Opensource, sustainability, privacy, freedom and incentives

#24

This was my first article that got to front page on HN! Thank you @ushakov for posting this.

Hey, if you don't mind some unpredictable donation/sponsoring, you could put up a bitcoin address (and optionally XMR and/or ETH, though those latter two may be a bit more friction for you if you're not already familiar).

Re: Bruno – Opensource, sustainability, privacy, freedom and incentives

#25
post #12

That VC funding table is everything that's absurdly wrong with VC money. How TF is Postman worth $434M at $5.6B valuation?

To put things into perspective MS bought "GitHub" (which has a monopoly on oss hosting) in 2018 for 7.5b and Postman (a gui client) is at 5.6b. mind-bogglingly insane. I'd love to be enlightened on why is postman valued so much. what is d endgame here?

Although, it's "5.6" not 5.6. That 5.6 is a bag holder number. MS put 7.5B real dollars on the table. The VCs putting cash into postman at "5.6" are using heavy breathing and hand waving to explain the potential LTV of (apparently) 20m devs to the greater fool.

Re: Bruno – Opensource, sustainability, privacy, freedom and incentives

#26
I miss the times when a piece of software, private or FOSS offered a stable version by months or years, now a project with months without an update is considered abandoned. I think all transient nature present in current society is easily found in software as well. An articial layer of constant and active maintenance is expected from any tool out there

Re: Bruno – Opensource, sustainability, privacy, freedom and incentives

#27
post #5

Earlier quoted context omitted.

There is no pressure if you don’t need much money and get it from right people, who know the deal upfront

Like? If I understand you raise outside only if you plan to scale and give a great return; otherwise it is better to bootstrap right?

Incorrect. At early stage, the funding is primarily so that the team can pay themselves a salary. They don’t expect any returns at that point. Most (96%) of the VC-funded startups do not make more than $1m revenue. Bootstrapping is in my opinion much worse, because you put your own capital at risk

Source: https://venturebeat.com/entrepreneur/getting-to-50-million-h...

Re: Bruno – Opensource, sustainability, privacy, freedom and incentives

#28

Earlier quoted context omitted.

To put things into perspective MS bought "GitHub" (which has a monopoly on oss hosting) in 2018 for 7.5b and Postman (a gui client) is at 5.6b. mind-bogglingly insane. I'd love to be enlightened on why is postman valued so much. what is d endgame here?

Although, it's "5.6" not 5.6. That 5.6 is a bag holder number. MS put 7.5B real dollars on the table. The VCs putting cash into postman at "5.6" are using heavy breathing and hand waving to explain the potential LTV of (apparently) 20m devs to the greater fool.

5.6 is the break even number for the VC fund. And given the the interest rate environment and the time horizon of realizing a return, 5.6 would be an embarrassing loss for the VC fund.

Re: Bruno – Opensource, sustainability, privacy, freedom and incentives

#30
post #26

I miss the times when a piece of software, private or FOSS offered a stable version by months or years, now a project with months without an update is considered abandoned. I think all transient nature present in current society is easily found in software as well. An articial layer of constant and active maintenance is expected from any tool out there

We need to align incentives better. It's really hard to do this in opensource.

I hope Bruno can do that. I penned some thoughts here: https://github.com/usebruno/bruno/discussions/269

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