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Re:Meditations: A Requiem for Descartes Labs by gammarator on Friday August 05, 2022 @12:46PM (#32358639)
Key takeaway for me when thinking about other remote sensing companies is this:

> Our investors wanted us to be a SaaS company with SaaS metrics and SaaS growth. We simply were not. We should have structured our entire business around being a high-end consulting company.

Re:Meditations: A Requiem for Descartes Labs by philosophygeek on Friday August 05, 2022 @01:20PM (#32359095)
Hey, I'm the founding CEO who wrote the article. I hold some of the blame here too for trying to read the market and be something that we weren't. When you hear lots of people raising at 20-30x their ARR, it pushes you as a founder to try to paint a picture of your company through that lens. However, I currently don't see the possibility of anyone in geospatial being widely-used software.
Re:Meditations: A Requiem for Descartes Labs by badcppdev on Friday August 05, 2022 @12:15PM (#32358205)
That is a super fascinating story with a lot of insight into the internal operations of a well-funded VC startup.
Re:Meditations: A Requiem for Descartes Labs by philosophygeek on Friday August 05, 2022 @01:23PM (#32359136)
I wrote this. AMA :)