Try as they might, I don't think Postman will ever be able to justify that $5.6bn valuation...
Postman is one of those "so dumb why the hell didn't I think of it" ideas.
Postman acquires Akita for automated API observability
51–60 of 124 posts
Re: Postman acquires Akita for automated API observability
#52Try as they might, I don't think Postman will ever be able to justify that $5.6bn valuation...
It's an absolutely crazy valuation for the product / industry. Ultimately they're competing with free & good enough. What's their moat?
They're trying to get people to host/share their Postman data inside Postman's walled garden so that they're stickier.
And they're competing with free and good enough but they're making a suite out of the tools and slapping a GUI on it. They're owning making it all work similarly and owning the training for their tools and if you pick them for all they do, it will be consistent.
How many companies use Atlassian suite even though it really just bundles a bunch of functionality that was already free and good enough? (ROT13 spoiler: nyzbfg nyy bs gurz!)
Re: Postman acquires Akita for automated API observability
#53Earlier quoted context omitted.
As long as they're approximately the only "enterprise" option, that's a moat all by itself. No comment on the valuation, but it makes for a very resilient business.
What makes them an enterprise option? Why does an enterprise need Postman at all? The collaboration features aren't useful on any size team.
Well, they have the organizational maturity to accommodate enterprise customers, and in contrast to much of this subthread, they don't say things like "just use curl".
Re: Postman acquires Akita for automated API observability
#54With what cash???
Re: Postman acquires Akita for automated API observability
#55Try as they might, I don't think Postman will ever be able to justify that $5.6bn valuation...
FWIW I've seen Postman shares offered on the secondary market at FAR below that valuation.
Re: Postman acquires Akita for automated API observability
#56Earlier quoted context omitted.
Now they are forcing to register to their platform to continue using the collections for free. So most of the users will have to enter their data, or just leave the product (difficult, there's not that much alternative)
Really? I haven't used Postman since Insomnia came out. What's keeping you with Postman?
I tried Insomnia but for me it felt incredibly janky and half-baked. I tried to like it but at the end Postman was just way smoother sailing for me.
Re: Postman acquires Akita for automated API observability
#57Earlier quoted context omitted.
How is search index a moat? It's hard to build, yes, but there is no moat here and anyone can build it as long as they have infra, talent and money. Also for Apple while I am not sure, but looking at the Android phones there is hardly any feature of Apple which hasn't been covered by some Android phone, so I don't think IP is an issue. It's just that overall quality is much more consistent for Apple across generation…
I don’t think you understand how moat is used in this context. A moat isn’t impossible to cross, just harder to cross than a lawn. Also, I don’t think you can saw two features are the same unless the quality is the same. Two sms apps are not equal if one of them occasionally fails to send/receive messages.
If you include quality as moat, by that definition postman has the moat of better quality, higher brand reputation and having more money.
Re: Postman acquires Akita for automated API observability
#58Earlier quoted context omitted.
Does postman do anything curl doesn’t? When I was on onboarding at a job my pair started teaching me postman, which ended with me teaching them curl and them dropping postman. If you need to share queries, put them in version control!
I have a few qualms with this app: 1. For a Linux user, you can already build such a system yourself quite trivially by getting an FTP account, mounting it locally with curlftpfs, and then using SVN or CVS on the mounted filesystem. From Windows or Mac, this FTP account could be accessed through built-in software. 2. It doesn't actually replace a USB drive. Most people I know e-mail files to themselves or host them s…
Has this sarcastic rejoinder actually held up, though?
"Dropbox’s stock falls as it struggles to squeeze more revenue from existing customers" - https://siliconangle.com/2023/02/16/dropboxs-stock-falls-str...
Re: Postman acquires Akita for automated API observability
#59Congrats to the Akita team! Repository is 2 years old. That's a pretty quick exit.
Looks like a significant amount of work is being done in private since there is almost no activity for the public org repos, so it's hard to say how long they've been working at it.
https://devboard.gitsense.com/akitasoftware
The org has had 304 contributors over the course of the org's history though.
Full Disclosure: This is my tool
Re: Postman acquires Akita for automated API observability
#60Earlier quoted context omitted.
What is Apple’s moat? They have an integrated hardware and manufacturing supply chain with their own OS and a proprietary chip architecture that no other device manufacturer on earth competes with!
It's just because they have money. It will take billions of dollars and multiple years for other companies to reach that but I don't see any moat except if money is the moat. Same with postman. Right now they are so much ahead in features that it would take multiple years for other company to match it.
I think its more than money and time. Getting supply chains right (both hardware and software) is really hard at scale. Additionally there’s network effects of their proprietary ecosystem that thousands of developers and millions of users have invested in. Thats very very sticky. Unless Apple fucks up majorly I don’t see that changing.