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783 points Keavon | 1 comments | | HN request time: 0.198s | source

For the past three years I've been building what I hope will be the next Blender, tackling the lack of any good 2D design or image editing tools outside the Adobe monopoly. This was our first year participating in Google Summer of Code and this Q3 update includes the big payoff from that, covering the most progress we've made so far as a project. If you're a Rust dev, consider getting involved as we apply for the next GSoC in the new year— you could be our intern next summer :)

Q3 progress report: https://graphite.rs/blog/graphite-progress-report-q3-2024/

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wg0 ◴[] No.41855313[source]
This is amazing. I love Inskcapke but I think this tool is too good.

It makes me very excited to see tools that are built as web apps because more gravity on web means more capabilities for the web platform which is more open and accessible.

Rust is great - amazing. I presume it is compiled to Web Assembly.

I'm just wondering how and why these three passionate gifted individuals didn't go Round A, Round B Investor funding, post valuation SAFE, Press briefing route?

Been thinking a lot about it lately when I see tons of AI wrappers, open weight fine tuned packaged models and everything in between.

Probably passion can't be priced? Happiness is not valuation?

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1. swatcoder ◴[] No.41859206[source]
Raising investor money means selling your business before you're even done with it. Sometimes before you've even started it. I mean, that's what all that equity that gets cleaved off represents.

And generally, you'll get your worst terms the earlier you solicit those funds.

If you don't need those funds, it's (mostly) to your advantage to hold off on raising them until you've got your feet underneath you and a company whose future is less disputable.

On the way there, you may even decide not to sell much to investors at all, which makes a big difference if you actually care about either your product or your team. Because your outside investors will rarely care about either and will often convince you to compromise both. They're financiers, and they're there for the money. You should be sure your objectives align with theirs before you sell to them.