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Vercel ends open-source sponsorship program giving projects 24hr notice

(vercel.com)
118 points jenny91 | 1 comments | 14 Jun 24 17:19 UTC | HN request time: 0s | source
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teitoklien ◴[14 Jun 24 17:53 UTC] No.40683093[source]▶
I guess they’re facing severe financial strain
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moralestapia ◴[14 Jun 24 18:08 UTC] No.40683268[source]▶
Wait, so Vercel is not profitable?

How tf? They're the most overpriced product I pay for (and I like it, no complains).

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solatic ◴[14 Jun 24 18:19 UTC] No.40683388[source]▶
Revenue is no match for throwing massive bags of money at the marketing bonfire. Subsidizing open-source projects is ultimately a marketing spend - sounds like the marketing budget is getting cut.
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sdesol ◴[14 Jun 24 19:10 UTC] No.40683961[source]▶
> Subsidizing open-source projects is ultimately a marketing spend

They say 2M in Vercel credits. How much is that in actual money?

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1. creshal ◴[14 Jun 24 19:17 UTC] No.40684035[source]▶
Hopefully, much less, or Vercel is indeed bleeding money and not long for this world.