Everything Tanmai Gopal said on any show that made the record, most notable first. Each card names its show and opens the statement there.
The Indian VC ecosystem was immature for early open-source devtools startups
“Fundraising in the initial stages was hard in India because that kind of a mindset is not easy to get in kind of the Indian ecosystem, right? It's not mature enough in, for these kinds of companies.”
Successful commercial open-source companies globally can be counted on two hands
“The number of successful open source commercial companies are not too many in the world. That's not a SaaS playbook. It's not as well known as a SaaS playbook. It's very different. There are the number of open source commercial companies you can probably count…”
Third-wave open-source monetization charges operators rather than core developers
“This third wave of open source kind of monetization that we see where the idea is that the APIs, That developers use on the product is the same. The core of the product, right, which provides developer value to the practitioner is the same throughout our open …”
Open-source startups must reach project-community fit before product-market fit
“For an open source company, right, and Samir has a really nice way of putting this, and he calls it, you go from kind of, you first have to get project community fit, and then after that, you move towards product market fit. So it's like building two companies…”
Open source lacks enough commercial precedents to establish a standard playbook
“There's not enough open source companies in the world to really call it a playbook or a template quite yet. Maybe there will be one that emerges.”
Hasura has no direct global competitors but expects them within two years
“There is no competition to what Hasura does today. It doesn't exist. It'll exist a year, two years later. But there isn't an equivalent of what Haskell does today. There is no other company like this in the world, right? Solving the problem that we do”
Early-stage open-source startups have distribution inherently baked into developer communities
“Eventually, in any stage of the company, distribution matters more than anything else because you figured the product out. But in those early stages distribution will come because of community. So distribution is already baked into the fact that you're a commu…”
Traditional VCs should not back open-source startups without understanding their distinct dynamics
“You can't have an e-commerce investor invest in an open source project if they don't have an understanding of the motion, right? Because they'll have unfair expectations, right? Which is again, no fault of their own, right? You have an e-commerce or SaaS growt…”
Founders truly know nothing until they ship a product to market
“Until you build a product and take it to market, you actually don't know anything. Nothing matters how you do stuff, what you know, et cetera. Nothing matters till you have the sense of what it takes to build a product and just take that product to market, rig…”
Hasura reached 100 million open-source downloads in its second year
“We went, we did two million downloads in the first year, a hundred million downloads in the second year, on track for adding up three hundred million this year. I mean, the fastest open source GraphQL project over the last two years since we launched”
Hasura delayed commercial development until seeing mission-critical enterprise adoption
“We needed that mission critical adoption to then actually start to work on the commercial version of the product. Till then we decided to not do any work on the commercial side of the product. We're going to wait Till we started seeing mission critical adoptio…”
Design-time devtools impact productivity rather than production application uptime
“I would say Postman is in the category of developer tools, which are similar to things like GitHub and Figma. So GitHub, Figma, Postman, those are kind of a category of tools. Now, these are tools that are basically design time tools. Right? These are tools th…”
Hasura tracks deployed mission-critical projects rather than total user counts
“We don't look at number of users as a metric. We look at number of projects as a metric, right? Like how many projects are being deployed. That is a metric for us. And that metric is a meaningful metric if that project is mission critical, right? The project b…”
Hasura relies entirely on inbound requests rather than outbound enterprise sales
“Usually our users reach out to us directly. We don't reach out to them. They usually reach out to us directly. They're already using Hasra and they reach, they are aware of the commercial products. They reach out to us.”
Indian education forces career choices before students gain real-world experience
“You kind of figure out your path, not after doing anything in the real world. But you kind of almost choose your path before you know anything about anything, which is one of those things that sucks about the Indian education system.”
Hasura operated purely open source for two years before monetizing in mid-2020
“So we were open source for 2018 to 2019 to 2019 to 20 20 and 2020, mid 20 20 is when we started monetizing. Just before our CDZB is when we started monetizing.”
Gopal: Hasura has continuously maintained multiple years of cash runway
“Our runway from the beginning till now has always been Many years away.”