Re:Hashicorp raises $100M at a $1.9B valuation
by jiveturkey on Thursday November 01, 2018 @02:22PM
(#18356871)
hashicorp is interesting. there's no product they have which i think i couldn't build myself, and which many SRE types couldn't build themselves. and which looking at the source code verifies.
The real magic is in hashicorp's pricing strategy then. At a glance it sounds quite high, and surely if you are capable of and if you built in-house you could build only the features you want, reducing your build cost below the sticker buy cost.
But at high opportunity cost. There are better things that your in-house SREs could be working on, than infrastructure that someone else has already done for you.
The freemium model also works quite well for them.
There's also a timing factor. Hashicorp probably couldn't have existed 10 years ago. But I don't think it's quite a case of an idea whose time had come. I think hashicorp helped create their own market.
The real magic is in hashicorp's pricing strategy then. At a glance it sounds quite high, and surely if you are capable of and if you built in-house you could build only the features you want, reducing your build cost below the sticker buy cost.
But at high opportunity cost. There are better things that your in-house SREs could be working on, than infrastructure that someone else has already done for you.
The freemium model also works quite well for them.
There's also a timing factor. Hashicorp probably couldn't have existed 10 years ago. But I don't think it's quite a case of an idea whose time had come. I think hashicorp helped create their own market.
Here's to their success!