| ▲ | robertjpayne 2 hours ago | |
They had a second round that was $19m in late 2023. I don't doubt for a second that they had a long runway given the small team. | ||
| ▲ | Karrot_Kream 30 minutes ago | parent | next [-] | |
Thanks I scrolled past that in the announcement page. With more runway comes more investor expectations too though. Some of the concern with VC backed companies is whether the valuation remains worthwhile. $26mm in funding is plenty for 14 people, but again the question is whether they can justify their valuation. Regardless happy for the Oven folks and Bun has been a great experience (especially for someone who got on the JS ecosystem quite late.) I'm curious what the structure of the acquisition deal was like. | ||
| ▲ | steve_adams_86 an hour ago | parent | prev [-] | |
I don't like all of the decisions they made for the runtime, or some of the way they communicate over social media/company culture, but I do admire how well-run the operation seems to have been from the outside. They've done a lot with (relatively) little, which is refreshing in our industry. I don't doubt they had a long runway either. | ||