We've raised $17M to build what comes after Git

https://blog.gitbutler.com/series-a

We’ve raised $17M to build what comes after Git

GitButler has raised a Series A round to accelerate developing the infrastructure for how software gets built next

Butler's Log

I feel like I really need to learn how to raise money. For $17M, one could probably build a vacuum robot prototype that’ll also clean up all of the kids toys and sort LEGO bricks by colour and size. Parents worldwide would love it.

But instead, we get a replacement for Git. And I didn’t even bother to click the link because I’m fine with how Git works. On the list of pain points in my life, “what comes after Git” has roughly the same priority as “try out a more exciting shower gel”. But did you ever step on a LEGO brick while walking to the bathroom at night? That pain is immediately obvious.

Why is nobody solving actual problems anymore?

Thing i learned about raising capital it, you need to build or have a network. Thats YC is great, accelerators, incubators help you do that. Network and story you tell. Also, every stage you raise, you have to make sure the folks you raise from help you craft the narrative for thr next round.

I think if you have a healthy busy growing well, you shouldnt raise unless you have ambition and urge to go faster.

Irony of thr market is, just like tinder 20% of the companies attract all the attention rest of them try to gran the attention. Those who need capital get the capital, those who need the capital die trying.

Enough friday pessimisim.

> I think if you have a healthy busy growing well, you shouldnt raise unless you have ambition and urge to go faster.

My previous employer was like this. A 20yo company with a nice always increasing ytoy growth. The CEO told for 20 years that he would never raise any money. It was an incredible place to work : nice compensation, product and consumer centered, we had time and means to do the right things.

Until the CEO changed his mind and raised money anyway. But we didn't have to fear anything because those investors were very different and not like the other greedy ones.

Well I'm not working there anymore for a hella lot of reasons that are just the same as everywhere else.

But at least the CEO who was already rich is now incredibly rich.