> he founded Right Scale in 2007 which exited in 2018 with 250 employees.
A strong negative signal as far as I am concerned.
For a consumer-oriented software startup, an “exit” is most of the time a polite euphemism for selling the userbase to a juicing machine of some sort; the second place is taken by selling the product to an enterprise-oriented business which doesn’t want the userbase and eventually will, with more or less grace, show them the door.
Therefore, when I see a consumer-oriented, VC-funded startup, I don’t see why I should consider trusting them for even a second. Dine on the free lunch while it lasts, yes; squirrel away every bit of software they’re willing to release, yes; trust, depend on, or invest even a tiniest bit of my time, no.
Based on the interview I linked BitWarden is going down a venture of trying to offer vault-like enterprise secrets management on top of BitWardens tech, which could mean they're trying to monetize the more enterprise side of their business.
A strong negative signal as far as I am concerned.
For a consumer-oriented software startup, an “exit” is most of the time a polite euphemism for selling the userbase to a juicing machine of some sort; the second place is taken by selling the product to an enterprise-oriented business which doesn’t want the userbase and eventually will, with more or less grace, show them the door.
Therefore, when I see a consumer-oriented, VC-funded startup, I don’t see why I should consider trusting them for even a second. Dine on the free lunch while it lasts, yes; squirrel away every bit of software they’re willing to release, yes; trust, depend on, or invest even a tiniest bit of my time, no.