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Re:$5.6B cloud company Fivetran acquired its way to survival by uo21tp5hoyg on Tuesday August 09, 2022 @03:52AM (#32395275)
It seems every day I come across a new billion dollar tech company I've never heard of before. Their sites always have a ton of well known companies under their "Trusted By These companies" banner too, and always seem to include NASA.
Re:$5.6B cloud company Fivetran acquired its way to survival by xnorswap on Tuesday August 09, 2022 @04:37AM (#32395520)
Huge enterprises are often made up of thousands of sub-domains with relative freedom to choose different technology.

It's actually useful to remember if you're a start-up chasing a contract with an enterprise. You might bend over backward accommodating BigCo to get their name on your books thinking you'll make it huge once "they" start using your technology only to find it never actually gets further than 2 people in Sub-Department-Offshoot, and while you might get to use that fancy logo on your marketing material, you'll wonder if the concessions and vastly undercharged overwork was really worth it because the payday of actually having BigCo use your tech throughout their stack never materialised (because it never really does, but it'll be endlessly dangled in front of you to get you to agree to put in a bunch of features for free).

Re:$5.6B cloud company Fivetran acquired its way to survival by mrtksn on Tuesday August 09, 2022 @05:18AM (#32395729)
In my experience, there's actually gold to be dug from that relationship. The people who spend money in these BigCo don't spend their own money and their motives are structured way differently than what would be in a small business.

The BigCo can actually pay you big if you can improve the career and boost the ego of those who will make the decisions. To do this, you need to give people something that they can present to their own managers in a very positive light so they can present it to their own managers. That's how you can build a momentum of people who can push for purchase of your product.

From what I'se seen, making the life easier of some technical employees is not good. Think putting something trendy in it that the managers would love to boost about it. Could be a trendy tech(big data, AI etc.), could be social proof(Apple and Nvidia are also buying from this company). Just try to structure your marketing(which roughly means finding your customers, not to be confused with advertising) in a way that matches the incentives of people who don't spend their own money but try to work their way up in structured relationship. Of course, your product should also accomplish something so you can have a long term business. So it's not a fraud, it just needs right kind of engagement.

Re:$5.6B cloud company Fivetran acquired its way to survival by ra120271 on Tuesday August 09, 2022 @07:13AM (#32396324)
I agree - and doing this is not the same as doing everything they ask, on the bet it will come off. In my opinion having that view for the managers to boast about means you are aligned with where they will invest - it is where they see value.
Re:$5.6B cloud company Fivetran acquired its way to survival by oblio on Tuesday August 09, 2022 @05:19AM (#32395736)
https://www.joelonsoftware.com/2005/03/28/the-road-to-fogbug...

> Some of our customers still think we’re one of those big enterprise software companies where you call them up, negotiate with a salesperson for three months, and, on the last day of the fiscal quarter, force the salesperson to promise a long list of new features in exchange for a half-million dollar contract.

> That’s nice, but we don’t have salespeople and we’re not one of those vendors. Our customers are happy that our price point is low but not all of them quite understand the implications. They ask us to fly out to their headquarters to give a demo of the software to their development team. They send us long spreadsheets with lists of features and ask us to check off the features we support. They even send us RFPs (shudder). RFP stands for “Request for Proposal.” It’s a request by a large company for a custom proposal from a small company. The small company works on the 200 page laser-printed proposal like mad for three weeks and Fedexes it in great expense and at the last minute, where it gets put in the trash because the large company has their favorite vendor who takes them on a helicopter to Atlantic City on junkets involving blackjack and strippers, and who is going to get the contract no matter what, but someone in purchasing for some unexplained reason, maybe he’s bucking for a promotion is insisting that the proposal be opened up to “competitive bidding” and the small company has been chosen as a victim to write up a proposal that has no chance of being accepted just to make the process look a little bit less corrupt, and if you’re a small company, I would recommend that you don’t fall for it and don’t spend any time responding to RFPs unless it’s already understood that you’re going to get the contract.

Joel, if you're accidentally around, your archive is borked :-( The front page reading lists are broken and navigation is super hard to try to find some of the awesome old articles.

Re:$5.6B cloud company Fivetran acquired its way to survival by ra120271 on Tuesday August 09, 2022 @05:13AM (#32395702)
I agree. For many BigCos this is not an active intent of malice. Often the 2 people do hope their vision will change the company. However, the company is often filled with these groups of "2 people" all trying to move the needle also, leading to a single vision not being effective.

My advice is have an honest and frank conversation with BigCo. Let them know it is in no one's interests for your start up to go out of business, and when they are doing at things at scale you (startup owner) can discuss passing on those economies of scale in terms of dedicated work, discounts, etc.

Re:$5.6B cloud company Fivetran acquired its way to survival by groundthrower on Tuesday August 09, 2022 @04:59AM (#32395651)
So much this
Re:$5.6B cloud company Fivetran acquired its way to survival by jerglingu on Tuesday August 09, 2022 @04:07AM (#32395354)
Fivetran has been diligent the three years I was tucked away in FAANG analytics. When I emerged earlier this year back into the world of normal companies, I realized there was a sort of holy trinity of companies that has completely dominated the analytics SaaS market: Fivetran, Snowflake, and dbt. I had only heard of Snowflake before.
Re:$5.6B cloud company Fivetran acquired its way to survival by adammarples on Tuesday August 09, 2022 @04:26AM (#32395463)
Dbt is actually fishtown analytics, and I would add databricks to that list
Re:$5.6B cloud company Fivetran acquired its way to survival by rorymalcolm on Tuesday August 09, 2022 @04:42AM (#32395553)
https://technical.ly/startups/dbt-labs-series-c/ They changed their name semi-recently to dbt Labs
Re:$5.6B cloud company Fivetran acquired its way to survival by mastazi on Tuesday August 09, 2022 @06:04AM (#32395965)
tangentially related: if I'm already using Fivetran, DBT and Snowflake, where does Databricks fit in? From reading their marketing material, it would seem that Databricks is a full featured solution that replaces all of the above and offers everything from ingestion to ETL and even analytics. However I keep hearing of companies using Databricks alongside those other products and I don't understand how does it fit into that type of data pipeline.
Re:$5.6B cloud company Fivetran acquired its way to survival by kthejoker2 on Tuesday August 09, 2022 @12:22PM (#32400049)
Disclaimer: I work at Databricks.

Databricks is more of a platform than "just" a tool. So yes we offer first-party "end to end" solutions, and we're happy to show their value to you and convince you to pay for them, but we play nice with others, and we have a ton of great partners who can connect into our platform and help you ingest, transform, analyze, and consume your data. So you can use our native ingestion tools, or partners like Fivetran; our native ETL/ELT tools, or dbt; our native SQL/BI/warehousing capabilities, or Snowflake.

The metaphor Andy Kofoid our VP of Ops uses is XBox or Steam. They're a platform others can build things on, but they also sell their own games and offer value-added services on top of the things others are selling.

And like those platforms, we have the same ultimate twin goals of attracting customers and partners.

Re:$5.6B cloud company Fivetran acquired its way to survival by hulahoof on Tuesday August 09, 2022 @07:17AM (#32396360)
A lot of people use databricks for the analytical and ML workloads (leveraging it as a sort of extended spark environment)
Re:$5.6B cloud company Fivetran acquired its way to survival by benjaminwootton on Tuesday August 09, 2022 @05:17AM (#32395726)
Its a great stack and works well together. Ingest with Fivetran, transform with DBT and store in Snowflake. Simple, serverless, consumption based pricing etc. definetly better than the old ETL world!
Re:$5.6B cloud company Fivetran acquired its way to survival by ckdarby on Tuesday August 09, 2022 @06:56AM (#32396216)
What about Palantir?
Re:$5.6B cloud company Fivetran acquired its way to survival by fshbbdssbbgdd on Tuesday August 09, 2022 @04:13AM (#32395374)
I remember when Fivetran came out years ago and it was a big improvement over the competition at the time. It made a particular kind of work easier, so you would hopefully know about it if that’s what you did for a living. I’m in a somewhat different speciality now so no idea how things have developed since then.
Re:$5.6B cloud company Fivetran acquired its way to survival by linspace on Tuesday August 09, 2022 @03:58AM (#32395307)
Engineers are frequently not entirely honest in their CVs, I wouldn't expect too much from the marketing department of a company.
Re:$5.6B cloud company Fivetran acquired its way to survival by laingc on Tuesday August 09, 2022 @04:05AM (#32395333)
Fivetran is absolutely in the category of product that might be in use at NASA. They are a very well-known technology in the data engineering world.
Re:$5.6B cloud company Fivetran acquired its way to survival by higeorge13 on Tuesday August 09, 2022 @04:39AM (#32395535)
Marketing will use zapier, fivetran is for data engineers.