Did RethinkDB spend $8M in 3 years?
> Did RethinkDB spend $8M in 3 years?
Not necessarily. It's possible they still have cash on hand but limited runway. Anything leftover would go back to investors.
That's assuming they never had any revenue. If they had money coming in, they could have spent that as well so the formula gets more complicated.
Assuming that info is correct, that's pretty slim for building a "hard tech" type of company. Building a database (from scratch no less) is a lot of up front work. Even after it's built you need to convince tech people to want to use it, convince their bosses to let them use it, and even then, hire sales people to sell support contracts.