Hacker News Re-Imagined

Vercel raises $150M Series D

  • 221 points
  • 13 hours ago

  • @leerob
  • Created a post
  • • 174 comments

Vercel raises $150M Series D


@LisaDziuba 10 hours

Replying to @leerob 🎙

wow....

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@aogaili 41 minutes

Replying to @leerob 🎙

Vercel might end up becoming the open source gig economy, the Uber of open source. With that investors money coming in, there has to be a winner takes it all market strategy that they are after.

I suspect that VC money will be used to acquire and influence key open source contributors, and commercialize their work after giving them fixed salaries to work on their projects.

I'm hoping to see them hiring more people to work on open source as oppose as acquiring the already well sponsored ones.

Anyway, congrats to the team and their success thus far! and I hope they keep the healthy spirit of open source.

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@friedman23 10 hours

Replying to @leerob 🎙

I'm happy for the folks at vercel, Next.js is really an amazing framework. Wish you all the best.

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@carlsborg 12 hours

Replying to @leerob 🎙

Impressive execution and product strategy.

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@ghoomketu 12 hours

Replying to @leerob 🎙

They have such a terrible landing page though.

Having heard of this first time I tried looking it up and all I see is this:

> Vercel combines the best developer experience with an obsessive focus on end-user performance. Our platform enables frontend teams to do their best work.

The heading above it is even more nonsensical. So many words which convey absolutely nothing to me.

Can anyone please tell me what does it do? Is it a cdn or some kind of hosting?

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@webdeployer 10 hours

Replying to @leerob 🎙

They've been raising what, 2 rounds per year at this point? If they're burning through cash at that rate, it seems like it's time to host stuff on something more sustainable like Digital goddamn Ocean One of these days Series K will fall through and the amazing future of web platform will shut everyone's websites down

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@jmondi 8 hours

Replying to @leerob 🎙

Am I the only one around here that is less and less excited about Vercel as they raise more and more money?

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@soorajsanker 7 hours

Replying to @leerob 🎙

Can we expect IPO next year :p ?

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@latenever721 10 hours

Replying to @leerob 🎙

Can’t believe

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@snarf21 12 hours

Replying to @leerob 🎙

Money is free right now, get while the getting is good.

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@tekkk 12 hours

Replying to @leerob 🎙

Now that's a lot of money. It seems admirable to have "Support open-source projects" as their first item but I wonder what portion of that funding goes to open-source. Is it an euphemism for hiring open-source maintainers to work on integrating their projects to Next.js stack? I mean certainly Vercel aren't just donating the money away.

But I assume most of the money goes to hiring new folk. Dunno how much new engineers you can get out of it. Anyway, good for them.

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@leerob 13 hours

Replying to @leerob 🎙

Lee from Vercel here. Happy to answer any questions about Vercel and our plans for this new round of funding.

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@ushakov 12 hours

Replying to @leerob 🎙

can someone eli5 why investors are throwing so much money at Vercel, Netlify and Gatsby?

what kind of promises are they making in exchange of the capital?

why don't more capable platforms like Render or Fly.io raise as much?

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@giorgioz 13 hours

Replying to @leerob 🎙

It seems Round C of $102M was just in June 2021. https://techcrunch.com/2021/06/23/vercel-raises-102m-series-...

What are the reasons for two rounds so close to each other?

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@idkwhoiam 11 hours

Replying to @leerob 🎙

IMO this is .com bubble v2 in the making

Edit: grammar

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@jSherz 12 hours

Replying to @leerob 🎙

Take careful notice of the restriction hidden behind an "i" icon on https://vercel.com/pricing that you can have max 10 users on the Pro plan before your frontend team has to have a sheepish conversation about how much the Enterprise tier is.

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@cryptica 12 hours

Replying to @leerob 🎙

No wonder the US dollar is about to hyperinflate. They're printing it like crazy and handing it out to speculative projects whose clients' revenues are also all denominated in worthless USD.

USD has become a liability for the world. The only reason China doesn't dump all their USD reserves is because they know the global economy will pop instantly because there's no real value behind it to support such big, unfairly distributed numbers in the pockets of so many unproductive people. The world is simply afraid of what comes next but they will have to face it regardless because time is running out and citizens of the world are tired of propping up this fiat pyramid scheme.

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@tibiahurried 9 hours

Replying to @leerob 🎙

Isn't already super trivial to get a nodejs app and running in not time on AWS or GCP? Why would I pay for this?

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@malthaus 12 hours

Replying to @leerob 🎙

For me as a casual observer of the space, the 2.5bn valuation seems mind-boggling. How?

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@jmacd 10 hours

Replying to @leerob 🎙

I wonder how much of this round is secondary purchases of common stock from the founders. I would guess it's a pretty significant amount.

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