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April 25, 2007
Funding: DotCom vs Today
This morning as I was driving over to the MySQL conference I thought about something Guy Kawasaki said yesterday. He said that one indicator of a sketchy VC-seeking group is if their proposal includes a large chunk of money for database licenses ("a million dollars"). The idea was that if you're building a new product there's a better chance of funding if you use something like MySQL and don't have to spend a lot of the investment on your database.
Flash back to mid to late 90s. From my limited experience this was opposite. The company I worked for was using Oracle for one reason, because it made them look serious when talking to funders. It meant that we were serious about scalability and poised to handle the heavy click loads. (The ironic thing is that we weren't. The application fell flat on it's face during even minimal loads, mostly because of the application architecture).
Another of the hundreds of reasons why the DotCom era fell to pieces.
Posted by mike at April 25, 2007 10:20 AM
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