"We use Ruby on Rails, we are in the ecommerce space, and we are profitable. That seems to make us a Perfect 10 in the VC world."
-- When did Ruby on Rails become a driving factor for a VC?
-- When did Ruby on Rails become a driving factor for a VC?
Rails stood for something new, it was a paradigm shift of sorts. That's what every VC in the world looks for.
The VCs who correctly predict which technologies fuel innovations always do very well. See Peter Fenton of Benchmark to illustrate the point at hand.