The Artima Developer Community
Sponsored Link

Agile Buzz Forum
Smallthought takes an investment

0 replies on 1 page.

Welcome Guest
  Sign In

Go back to the topic listing  Back to Topic List Click to reply to this topic  Reply to this Topic Click to search messages in this forum  Search Forum Click for a threaded view of the topic  Threaded View   
Previous Topic   Next Topic
Flat View: This topic has 0 replies on 1 page
James Robertson

Posts: 29924
Nickname: jarober61
Registered: Jun, 2003

David Buck, Smalltalker at large
Smallthought takes an investment Posted: Jun 27, 2006 5:58 AM
Reply to this message Reply

This post originated from an RSS feed registered with Agile Buzz by James Robertson.
Original Post: Smallthought takes an investment
Feed Title: Cincom Smalltalk Blog - Smalltalk with Rants
Feed URL: http://www.cincomsmalltalk.com/rssBlog/rssBlogView.xml
Feed Description: James Robertson comments on Cincom Smalltalk, the Smalltalk development community, and IT trends and issues in general.
Latest Agile Buzz Posts
Latest Agile Buzz Posts by James Robertson
Latest Posts From Cincom Smalltalk Blog - Smalltalk with Rants

Advertisement

Looks like Avi and Andrew have decided that they need an infusion - Om Malik is reporting that they've taken $2M in venture capital:

Dabble DB, a Vancouver-based online database / hosted application creation company has raised around $2 million dollars in Series A venture funding from Ventures West, a Canadian VC fund. Paul Kedrosky, a venture partner with the fund, is leading the investment in the eighteen-month-old company. The company will also come out of “beta” tomorrow.

That's interesting, given what Avi said about venture money last April:

DabbleDB came out of their experience in consulting - the ad-hoc spread of semi-shared data that really should have been fully shared (eg - emailed spreadsheets). Had they tried this a decade ago, they would have gone the whole VC "take the money" route. That's not the way they went - they believe in a "late binding" approach to business planning. Once you take venture money, a lot of options get closed off - you are committing to a specific set of plans. So Avi's take: Taking Venture $$ is a premature optimization

Sounds to me like they are still in late binding mode though - they held off on venture capital until they needed it. I hope they don't run into any of the classic "business optimization" scenarios that can come with funding.

Read: Smallthought takes an investment

Topic: Hanging on no matter what Previous Topic   Next Topic Topic: Why Refactoring Isn't Popular

Sponsored Links



Google
  Web Artima.com   

Copyright © 1996-2019 Artima, Inc. All Rights Reserved. - Privacy Policy - Terms of Use