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sidebute | 7 months ago
If you were leading Tensorlake, running on early stage VC with only 10 employees (https://pitchbook.com/profiles/company/594250-75), you'd focus all your resources on shipping products quickly, iterating over unseen customer needs that could make the business skyrocket, and making your customers so happy that they tell everyone and buy lots more licenses.
Because you're a stellar tech leader and strategist, you wouldn't waste a penny reinventing low-level plumbing that's available off-the-shelf, either cheaply or as free OSS. You'd be thinking about the inevitable opportunity costs: If I build X then I can't build Y, simply because a tiny startup doesn't have enough resources to build X and Y. You'd quickly conclude that building a homegrown, robust PDF parser would be an open-ended tar pit that precludes us from focusing on making our customers happy and growing the business.
And the rest of us would watch in awe, seeing truly great tech leadership at work, making it all look easy.
throwaway4496|7 months ago
sidebute|7 months ago
Let's assume we have a staff of 10 and they're fully allocated to committed features and deadlines, so they can't be shifted elsewhere. You're the CTO and you ask the BOD for another $150k/y (fully burdened) + equity to hire a new developer with PDF skills.
The COB asks you directly: "You can get a battle-tested PDF parser off-the-shelf for little or no cost. We're not in the PDF parser business, and we know that building a robust PDF parser is an open-ended project, because real-world PDFs are so gross inside. Why are you asking for new money to build our own PDF parser? What's your economic argument?"
And the killer question comes next: "Why aren't you spending that $150k/y on building functionality that our customers need?" If don't give a convincing business justification, you're shoved out the door because, as a CTO, your job is building technology that satisfies the business objectives.
So CTO, what's your economic answer?