> 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?…
Healthy skepticism is good. Dev tools are hard. There are hundreds of open source companies - many making gobs of money. Not all - many fail. This team has name recognition and a few successful projects already - Babel and yarn. I can see it working out. JavaScript is one of the most popular programming languages. Millions of developers. With solid execution, there are monstrous markets here.
That's true. The market is small and price-sensitive.