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Congrats to the SO team. That said, I'm struggling to understand how/why a they could possibly need to raise now a total of $153MM. All the content is communit

Congrats to the SO team. That said, I'm struggling to understand how/why a they could possibly need to raise now a total of $153MM. All the content is community generated so there's no costs there. The core Exchange product is extremely templatized and I would assume be quite scale-able to spin-up as they need additional ones. I don't believe they have much in the form of paid outbound marketing initiatives. I'm assuming that I'm completely missing something here. Educate me. ;)

coliveira 6y ago
They are certainly trying to move the company in other directions that will require a lot of funding and uncertain returns. Otherwise, investors wouldn't even look at it.
mikestew 6y ago
That said, I'm struggling to understand how/why a they could possibly need to raise now a total of $153MM. Gotta make the work of those digital sharecroppers pay off somehow: https://blog.codinghorror.com/are-you-a-digital-sharecropper/ https://blog.codinghorror.com/are-you-a-digital-sharecropper... No, the fact that the blog post was written by a SO founder is not lost on me.
- tghw 6y ago
  > This is a topic that I've spent a great deal of time thinking about, because we happen to run a site chock full of user generated questions and answers. The last thing I want to do is exploit Stack Overflow users for corporate gain, even accidentally. That's horrible. Yikes. Right on the nose...
  - schwinn140 6y ago
    Yikes is right. Seems like they said the quiet part out loud.
    - JeremyBanks 6y ago
      Jeff Atwood had principles, which is why the current morally bankrupt leadership wants to erase him. Stack would have been in a much better place if he’d been left in charge.
deleted 6y ago
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scarface74 6y ago
Why is it congratulatory when a company needs another round of funding? Shouldn’t they be congratulated once they have profitable business model that doesn’t require outside funding?

coliveira 6y ago

They are certainly trying to move the company in other directions that will require a lot of funding and uncertain returns. Otherwise, investors wouldn't even look at it.

mikestew 6y ago

That said, I'm struggling to understand how/why a they could possibly need to raise now a total of $153MM. Gotta make the work of those digital sharecroppers pay off somehow: https://blog.codinghorror.com/are-you-a-digital-sharecropper/ https://blog.codinghorror.com/are-you-a-digital-sharecropper... No, the fact that the blog post was written by a SO founder is not lost on me.

tghw 6y ago
> This is a topic that I've spent a great deal of time thinking about, because we happen to run a site chock full of user generated questions and answers. The last thing I want to do is exploit Stack Overflow users for corporate gain, even accidentally. That's horrible. Yikes. Right on the nose...
- schwinn140 6y ago
  Yikes is right. Seems like they said the quiet part out loud.
  - JeremyBanks 6y ago
    Jeff Atwood had principles, which is why the current morally bankrupt leadership wants to erase him. Stack would have been in a much better place if he’d been left in charge.

deleted 6y ago

[deleted]

scarface74 6y ago

Why is it congratulatory when a company needs another round of funding? Shouldn’t they be congratulated once they have profitable business model that doesn’t require outside funding?