alt Hacker NewsIt is amazing how we watch from the sidelines these aquisitions and think .... why such big bill ? But it takes a good team to sell and everytime someone is successful it is because probably they have great sellers who believe in their value and demand a price. It is certainly not an easy task to get to the finish line for a startup and pay back their investors.
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Minor nitpick: don’t confuse sales with negotiations.
Negotiations start when sales is done.
These were highly capable negotiators.
But most likely also good salesmen.
If you meant that generally: because productivity is increasing; the world is getting richer. Not all of it flows down, but some does; top SV salaries are up too. By a lot.
edit: Inflation does not account for the observed growth.
Corollary to this is that whenever companies acquire smaller companies and lay off the small company's sales teams, they deserve what they get. Looking at you, big company that turned my last one from nearly a billion valuation into a $20M fire sale in 3-4 years.
It's just the same VCs moving money from one pocket to the other.
Curious on what OpenRouter's true moat is? It's just an LLM API routing framework, right?