142 karma · joined June 28, 2010
Then I discovered Heroku. I would have done anything to have this when I started out. The platform teaches (forces) you how to build a scalable architecture. You can try out new ideas for apps for essentially nothing (1 dyno is zero dollars). Since moving to Heroku I spend about 5% of my time working ops. The craziest thing is I've actually saved money since switching from dedicated hardware to Heroku. I was really bad at configuring servers and the stuff I built was inefficient and expensive. Heroku's cloud stacks are optimized better than my old hardware environment.
Heroku's architecture is great for wild traffic swings common with Facebook apps. Well except for their database services. They don't seem reliable or scalable. I prefer RDS.
In sum, Facebook and Heroku is a great starting place for learning to build web apps. I would have done anything to have this tech four yeas ago.
This incident convinced me that non-iPad tablets have a fighting chance. I'd like to see this exercise done again in one year. I believe non-iPads will gain more traction.
Y'all don't know my struggle
Y'all can't match my hustle
You can't catch my hustle
You can't fathom my love dude
Lock yourself in a room doin' five beats a day for three summers
That's a different world like Kree Summers
I deserve to do these numbers
- Kanye West, SpaceshipDocumentation:
http://www.mysqlperformanceblog.com/2009/02/05/disaster-lvm-...
http://www.mysqlperformanceblog.com/2009/02/24/xtrabackup-op...
Then I switched to RDS. I instantly fell in love with snapshots. I love that you can backup your database while it is hot. Sometimes, before doing a scary migration or query I'll take a snapshot just in case. I love that.
Even more amazing is the ability to scale up/down while the database is live. When I was with Softlayer and I needed to migrate to new machines there was always downtime and I always had to pay for both the new machine and the old machine for a small duration of time. Thus migrating would cost a couple grand in lost revenue and servers expenses, not to mention my Friday and Saturday night.
Wow. New title suggestion: "Working at Goldman Sachs will earn you enough money to found a startup with zero revenue."
I believe this self-righteous attitude regarding acquisitions comes from being a bootstrapped startup. When you bootstrap your company starts with a valuation of zero. The only way to increase your company's valuation is to start making a profit. For the bootstrapped guys an acquisition offer means that your company has grown to the point where competitors feel threatened. When you are in this position the only reason to sell is if your company is no longer growing (why sell now when your company will be worth more next year?). That is a tragic situation.
The founders who raise money start with an expected valuation greater than zero. Usually these guys can sell well before they ever meet the expected valuation. I mean shit, the startup SocialThing! sold to AOL for $7 million while they were in private beta. In other situations these companies fail to meet the expected valuation and have to sell in order to protect the reputation of the investors and founders. For example Slide sold to Google for $183 million. My company Quiz Monster (bootstrapped) is a competitor to Slide, has a larger userbase, and is worth $1.5 million at best.
TL;DR: Bootstrapped companies have to work harder than venture backed companies in order to receive acquisition offers and thus feel very self-righteous.
I'm not usually an internet tough guy, but this is outrageous. If I was a digg engineer I would be livid. The captain sailed into uncharted waters and then abandoned ship. He should protect his crew. He should do everything in his power to save the ship.
And I'm not some special case here. There are a handful of Indy fb devs with bigger apps than mine.
This deal makes zero sense to me.
I am the developer of two Facebook apps, Friend Interview and Quiz Monster. I would argue those two apps are more valuable than Slide's and there is no way they are worth $182 million.
What is Google buying?
1. Truckers hitch - for tying anything to the roof of my car or the bed of my pickup.
2. Bowline - for attaching anything to the end of a rope.
3. Fishermans - for tying two ropes together, for backing up a bowline.
I also like the following knots.
Clove Hitch - provides an adjustable anchor. I use this rock climbing and rafting. For rafting I use it to tie the raft to shore. I can easily adjust the length of the anchor when the river level fluctuates.
Double Figure 8 - the standard for rock climbing. I prefer the bowline because it is easier to untie.