Re:Postman raises $225M Series D at $5.6B valuation
by mohanmcgeek on Saturday August 21, 2021 @05:40AM
(#28255589)
Developers don't make the call. Companies would ask people to create and share a postman collection with API tests instead of checking it into git.
Valuations are crazy these days. But I don't see how this is crazier than other SaaS valuations. Why github when you can run your own server? Why use confluence when you can check in your docs into git?
If I deploy my app and it works it does not really matter if I tested/documented it with postman, it's not central to the app at runtime.
I also think that postman's core product is a lot easier to replicate (they were not even the first to do it) than figma and there are a number of open source projects that do.
When it comes to their API gallery I would expect that any serious API would come with a non-proprietary definition or documentation (in something like OpenAPI or at least just good docs) too.
I don't know, I just have a hard time to see why this product (and by extension the company) is worth 5.6B.