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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: 0.001s | 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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1. ilrwbwrkhv ◴[14 Jun 24 19:41 UTC] No.40684279[source]▶
Thats the whole game. The founders have already made shit tons of money. I see the CEO investing in a ton of other companies. All while building a loss making company. It really is the equivalent of selling 100 dollars for 99 while pocketing shit tons of money on the side.

Is next js good? Sure. But so was jquery back in the day and they didn't need the 250 million in cash to burn through.