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HashiCorp – S1

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Re: HashiCorp – S1

#81

Post by chernevik »

TekMol wrote: post #45

Would be great if someone with knowledge on how to read an S1 could help me figure out these two basic questions: What percentage of the company gets sold in the IPO? And does that money go into the company or does it go to existing shareholders?

IPOs sometimes sell shares held by existing shareholders. The final S-1 should disclose any sales by existing shareholders. When you see them in roadshow, check for the final S-1.

Statements that proceeds will go to the company are not necessarily correct.

Re: HashiCorp – S1

#82

Post by polote »

ksec wrote: post #42

Holly mother of God. Mitchell was still on HN yesterday, as he was replying something about Backblaze IPO and its business. Today it is his IPO, $259 million revenue. 2100+ Customers, 1500+ employees, $10 Billion Valuation......... I mean I felt it wasn't that long ago Vagrant was "the" tool for the job. How it all started, the submission on HN [1], quote: > This project has been the love child of myself and John Ben…

> I wonder how many company started or partially started on HN that went on to IPO. I know Dropbox is one. Do we have a list somewhere?

There are only a few places where you can easily promote your saas company, it makes sense that Saas startups that IPO now were promoted when they launched ...

Re: HashiCorp – S1

#83

Post by dbetteridge »

Met Mitchell at a smaller Perth conference in 2019 where he did a talk on how Vault came to be.

Could tell how much he enjoyed what he was working on and the obvious passion for making better software, actually being down in the weeds and writing innovative things.

All the best to him and HashiCorp going forward.

Re: HashiCorp – S1

#84

Post by [deleted] »

ryanar wrote: post #63
ksec wrote: post #42

Holly mother of God. Mitchell was still on HN yesterday, as he was replying something about Backblaze IPO and its business. Today it is his IPO, $259 million revenue. 2100+ Customers, 1500+ employees, $10 Billion Valuation......... I mean I felt it wasn't that long ago Vagrant was "the" tool for the job. How it all started, the submission on HN [1], quote: > This project has been the love child of myself and John Ben…

>Mitchell was still on HN yesterday, as he was replying something about Backblaze IPO and its business. Today it is his IPO Maybe that is because he stepped down from leadership to become an IC again? We could speculate that he didn't want to go public, or had no desire to do the S-1 work so he stepped down.

[deleted]

Re: HashiCorp – S1

#85

Post by jcdavis »

adamsvystun wrote: post #73

Love HashiCorp, though not sure what to think about Sales&Marketing to R&D ratio, which is 2:1 (141kk vs 65kk in 2021). Maybe people who read S1s more often can tell if this a normal ratio? Seems pretty high to me.

Pretty standard for enterprise SAAS companies.

Re: HashiCorp – S1

#86

Post by dcchambers »

Hashicorp makes some incredible software and I love their open source culture. Pretty much everyone I know genuinely enjoys using their tools. Congrats to Mitchell, Armon, and the whole team.

Re: HashiCorp – S1

#87

Post by ignoramous »

ksec wrote: post #42

Holly mother of God. Mitchell was still on HN yesterday, as he was replying something about Backblaze IPO and its business. Today it is his IPO, $259 million revenue. 2100+ Customers, 1500+ employees, $10 Billion Valuation......... I mean I felt it wasn't that long ago Vagrant was "the" tool for the job. How it all started, the submission on HN [1], quote: > This project has been the love child of myself and John Ben…

> I wonder how many company started or partially started on HN that went on to IPO. I know Dropbox is one. Do we have a list somewhere?

news.ycombinator.com needs a ycombinator.com/topcompanies equivalent.

Re: HashiCorp – S1

#88

Post by runlevel1 »

AtNightWeCode wrote: post #75

My thoughts not facts. I know that there are more products then I mention. I fail to see in what segment Hashicorp will remain relevant over time. Terraform is the tool I mostly see companies pay for. Over time cloud vendors will make Terraform obsolete. In fact it is already a problem to use Terraform since it can not move at the same pace as major cloud vendors. Vault is an extremely complicated niche tool, most co…

Multi cloud, hybrid, and on-prem often need solutions that aren't married to a single cloud provider.

That's not all companies. It's not even the majority of them. But those companies do tend to be the ones who can afford HashiCorp's premium offerings.

Edit: Fix typo.

Re: HashiCorp – S1

#90

Post by v1g1l4nt3 »

paxys wrote: post #74

There have been hundreds of crazy tech success stories in the last few years, but as someone who considers himself an engineer at heart, this one gives me the greatest amount of joy and optimism. Both founders are industry-wide leaders in their field and still treat writing code and solving complex technical problems as their primary job.

Agree! Here's a recent video of Mitchell at Dev Tool Time proving your statement: https://srcgr.ph/mitchell-hashimoto
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