> Neon is valued at $1B; Neon is still early‑stage and, AFAIK, not profitable. It’s a perfect snapshot of 2025: anything that’s (1) serverless, and (2) even vaguely AI‑adjacent is trading at a multiple nobody would have believed two years ago. Also supports my hypothesis that the next 12 months will be filled with cash acquisitions. > Databricks will ruin Neon; I certainly hope not. Focus on DX, friendly free tier, a…
What the hell do profits have to do with valuing tech startups?