Re:Supabase Storage: now supports the S3 protocol
by jerrygenser on Friday April 19, 2024 @06:42AM
(#40085162)
I can believe there are no plans, right now. But having raised over $100mm, the VCs will want to liquidate their holdings eventually. They have to answer to their LPs after all, and be able to raise their next funds.
The primary options I can think of that are not full acquisition are:
- company buys back stock
- VC sells on secondary market
- IPO
The much more common and more likely option for these VCs to make the multiple or home run on their return is going to be to 10x+ their money by having a first or second tier cloud provider buy you.
I think there's a 10% chance that a deal with Google is done in the future, so their portfolio has Firebase for NoSQL and Firebase for SQL.
Re:Supabase Storage: now supports the S3 protocol
by jchanimal on Friday April 19, 2024 @08:57AM
(#40086247)
Having founded a database company that IPO'd (Couchbase) and seeing the kinds of customer relationships Supabase is making, an IPO seems a reasonable outcome.
The primary options I can think of that are not full acquisition are: - company buys back stock - VC sells on secondary market - IPO
The much more common and more likely option for these VCs to make the multiple or home run on their return is going to be to 10x+ their money by having a first or second tier cloud provider buy you.
I think there's a 10% chance that a deal with Google is done in the future, so their portfolio has Firebase for NoSQL and Firebase for SQL.