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A comment on Stack Overflow gets series E funding for $85M.

Re:Stack Overflow gets series E funding for $85M by schwinn140 on Tuesday July 28, 2020 @12:01PM (#23977126)
Congrats to the SO team. That said, I'm struggling to understand how/why a they could possibly need to raise now a total of $153MM.

All the content is community generated so there's no costs there.

The core Exchange product is extremely templatized and I would assume be quite scale-able to spin-up as they need additional ones.

I don't believe they have much in the form of paid outbound marketing initiatives.

I'm assuming that I'm completely missing something here. Educate me. ;)

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Re:Stack Overflow gets series E funding for $85M by mikestew on Tuesday July 28, 2020 @01:06PM (#23978028)
That said, I'm struggling to understand how/why a they could possibly need to raise now a total of $153MM.

Gotta make the work of those digital sharecroppers pay off somehow: https://blog.codinghorror.com/are-you-a-digital-sharecropper...

No, the fact that the blog post was written by a SO founder is not lost on me.

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Re:Stack Overflow gets series E funding for $85M by tghw on Tuesday July 28, 2020 @02:29PM (#23979096)
> This is a topic that I've spent a great deal of time thinking about, because we happen to run a site chock full of user generated questions and answers. The last thing I want to do is exploit Stack Overflow users for corporate gain, even accidentally. That's horrible.

Yikes. Right on the nose...

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Re:Stack Overflow gets series E funding for $85M by schwinn140 on Tuesday July 28, 2020 @02:47PM (#23979285)
Yikes is right. Seems like they said the quiet part out loud.
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Re:Stack Overflow gets series E funding for $85M by JeremyBanks on Tuesday July 28, 2020 @03:42PM (#23979837)
Jeff Atwood had principles, which is why the current morally bankrupt leadership wants to erase him. Stack would have been in a much better place if he’d been left in charge.
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Re:Stack Overflow gets series E funding for $85M by scarface74 on Tuesday July 28, 2020 @09:28PM (#23982594)
Why is it congratulatory when a company needs another round of funding? Shouldn’t they be congratulated once they have profitable business model that doesn’t require outside funding?
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Re:Stack Overflow gets series E funding for $85M by coliveira on Tuesday July 28, 2020 @12:22PM (#23977376)
They are certainly trying to move the company in other directions that will require a lot of funding and uncertain returns. Otherwise, investors wouldn't even look at it.
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